The U.S. Federal Reserve released its latest Flow of Funds report for the U.S. economy back on 9 June 2016, which we're finally getting around to today to give us a better idea of how the U.S. economy performed in the first quarter of 2016.
Based on what we see, the U.S. economy is continuing to show signs of moving toward positive acceleration after the year over year change in the compounded rate of growth of private debt in the U.S. bottomed in mid-2015.
It is likely that positive impulse carried into 2016-Q2, which means that the performance of the U.S. economy likely improved over 2016-Q1, although it would still be mired in slow growth. That the acceleration of private debt in the U.S. has been continuously negative since mid-2014 through the first quarter of 2016 marks the longest period of time that situation has existed since the Great Recession.
With the BEA poised to issue its annual revision in its GDP figures near the end of the next month, we may need to revise this analysis to reflect that updated data. The Fed will release its next update of its flow of funds data on 16 September 2016.
Previously on Political Calculations
- The Position, Velocity and Acceleration of Private Debt in the U.S.
- The Correlation Between Decelerating Debt and Falling GDP
- QE and the Acceleration of Private Debt in the U.S.
- Private Debt Decelerates in 2015Q3, Real U.S. GDP Follows
- Slowing Private Sector Debt and the Slowing Economy
Data Sources
U.S. Federal Reserve. Data Download Program. Z.1 Statistical Release (Total Liabilities for All Sectors, Rest of the World, State and Local Governments Excluding Employee Retirement Funds, Federal Government). 1951Q4 - 2015Q4. [Online Database]. 9 June 2016. Accessed 27 June 2016.
U.S. Bureau of Economic Analysis. Table 1.1.1. Percent Change from Preceding Period in Real Gross Domestic Product. 1947Q1 through 2015Q4 (second estimate). [Online Database]. Accessed 27 June 2016.
Labels: data visualization, debt, recession
Welcome to the blogosphere's toolchest! Here, unlike other blogs dedicated to analyzing current events, we create easy-to-use, simple tools to do the math related to them so you can get in on the action too! If you would like to learn more about these tools, or if you would like to contribute ideas to develop for this blog, please e-mail us at:
ironman at politicalcalculations
Thanks in advance!
Closing values for previous trading day.
This site is primarily powered by:
CSS Validation
RSS Site Feed
JavaScript
The tools on this site are built using JavaScript. If you would like to learn more, one of the best free resources on the web is available at W3Schools.com.
Other Cool Resources
Blog Roll
