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Channel: April 2021 – Kevin Drum
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Chart of the Day: GDP Is Soaring Already

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Using the normal way of accounting, real GDP was up 6.4% in the first quarter of the year:

Here's another way of looking at it:

We're still about half a trillion dollars shy of where we'd be if there had been no pandemic and GDP had followed its previous growth path. With any luck, however, we should be able to make that up by the end of the year.


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