Researching GDP Data on the U.S. Bureau of Economic Analysis website:

by | Jun 12, 2020 | Research

  1. Go to the Bureau of Economic Analysis website at http://www.bea.gov (Links to an external site.) and click on Gross Domestic Product at the middle of the page.
https://www.bea.gov/
  1. Then under Current Release, click on the Full Release and Tables link (Links to an external site.) to open the latest GDP report.
https://www.bea.gov/news/2019/gross-domestic-product-third-quarter-2019-second-estimate-corporate-profits-third-quarter

Read the latest GDP report posted there. Discuss the latest report, including.

How does our current Real GDP reflect the current state of the economy?
What is happening to consumption, investment, government spending and net exports according to the report?
According to the latest data and your own evaluation of the economy, where would you say we are in the business cycle and why?
Also, choose one of the other reports in U.S. Economy at a Glance (Links to an external site.) and briefly summarize the data from that report.

https://www.bea.gov/news/glance

Explain in detail and include data from the report to support your answer.

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You will not be able to see other students’ replies until you post your response to the discussion question. Type your initial response to my question in substantially more than eight sentences (minimum 200 words) by Tuesday at 11:59 pm Pacific Time, then read through the other entries and post a thoughtful question to at least one classmate who does not have a thoughtful question by Tuesday at 11:59 pm Pacific Time. Then, by Wednesday night please write a one paragraph (4+ sentences) response to another student’s thoughtful question about your post. If you do not receive a thoughtful question about your post by Wednesday morning, you may write a second thoughtful question to a student who does not have one to count as your third post. Please use professional grammar and punctuation in this college level course in all correspondence and avoid “text” or “twitter speak” when corresponding. Please note that if you are posting late to this discussion forum, you must wait at least 24 hours before you post a second “thoughtful” question (in order to give another student time to post a thoughtful question about your post).

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