Go to theBureau of Economic Analysis(Links to an external site.)

(BEA) website and look at quarterly data from the last few years of the National Accounts.

Also, please visit the following links:

Link 1 (Interactive Data - GDP and Personal Income - Table 1.1.6 - Real GDP, chained dollars)(Links to an external site.)

Link 2 ((Links to an external site.)

Real Potential Gross Domestic Product)

Please review the tables and can you make a decision of what part of the business cycle the U.S. economy is currently in 2020? Why? What factors lead you to this conclusion?