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FREDis a Federal Reserve website with lots of economic data. Use FRED find data on real GDP per capita for the U.S. (FRED series identifier:
FREDis a Federal Reserve website with lots of economic data. Use FRED find data on real GDP per capita for the U.S. (FRED series identifier: A939RX0Q048SBEA)
Link: https://fred.stlouisfed.org/series/A939RX0Q048SBEA
Bill Clinton left office in January 2001 (Q1 2001, meaning quarter 1 of 2001) near the end of the "IT revolution" of the 1990s. Barack Obama took office eight years later (Q1 2009) near the trough of the Great Recession.
When was real GDP per capita higher? Are you surprised? Briefly explain.
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