Before we dive into the chart, let me explain what it shows....I took the average 'real quantity index' of GDP and its components* (Table 1.1.3) throughout each of the past six decades to determine the "average" annual 10 year growth rate (i.e. not just Q3 2009 vs. Q3 1999, but Q3 1999 through Q3 2009 vs. Q3 1989 through Q3 1999). The result is the "average decades" performance of each component with the thought that this would allow us to see broader trends without the recent noise.The way to ....
EconomPic Data
