Economy · GDP

Output Gap (real GDP vs potential)

YearAverageYear close
1949−1.31%−3.54%
19501.49%3.61%
19514.08%3.65%
19522.57%3.49%
19532.74%0.16%
1954−0.90%0.17%
19553.46%4.02%
19562.90%3.25%
19571.92%0.27%
1958−2.34%−0.70%
19590.53%−0.19%
1960−0.98%−3.29%

Source: FRED GDPC1 (Real Gross Domestic Product); FRED GDPPOT (Real Potential Gross Domestic Product). Federal Reserve Bank of St. Louis.

Gray bands mark U.S. recessions as dated by the NBER (FRED USREC).

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