Figure D
How Rar from Recovery Are We? Actual/Potential GDP (1- Output Gap) and EPOP for workers aged 25-54
| EPOPs | GDP share of Potential GDP | |
|---|---|---|
| 2000/01/01 | 0.818 | 1.025276 |
| 2000/04/01 | 0.817 | 1.035822 |
| 2000/07/01 | 0.812 | 1.027317 |
| 2000/10/01 | 0.813 | 1.024099 |
| 2001/01/01 | 0.813 | 1.011624 |
| 2001/04/01 | 0.808 | 1.009334 |
| 2001/07/01 | 0.803 | 0.997931 |
| 2001/10/01 | 0.798 | 0.993064 |
| 2002/01/01 | 0.797 | 0.993585 |
| 2002/04/01 | 0.794 | 0.991109 |
| 2002/07/01 | 0.792 | 0.988653 |
| 2002/10/01 | 0.79 | 0.981827 |
| 2003/01/01 | 0.789 | 0.97902 |
| 2003/04/01 | 0.79 | 0.980827 |
| 2003/07/01 | 0.787 | 0.990685 |
| 2003/10/01 | 0.787 | 0.993578 |
| 2004/01/01 | 0.788 | 0.994326 |
| 2004/04/01 | 0.79 | 0.995091 |
| 2004/07/01 | 0.791 | 0.996952 |
| 2004/10/01 | 0.79 | 0.999584 |
| 2005/01/01 | 0.792 | 1.00421 |
| 2005/04/01 | 0.793 | 1.003003 |
| 2005/07/01 | 0.795 | 1.005245 |
| 2005/10/01 | 0.793 | 1.004649 |
| 2006/01/01 | 0.797 | 1.011462 |
| 2006/04/01 | 0.797 | 1.009583 |
| 2006/07/01 | 0.798 | 1.003721 |
| 2006/10/01 | 0.801 | 1.004508 |
| 2007/01/01 | 0.802 | 0.999825 |
| 2007/04/01 | 0.8 | 1.002702 |
| 2007/07/01 | 0.798 | 1.003944 |
| 2007/10/01 | 0.797 | 1.002219 |
| 2008/01/01 | 0.799 | 0.992038 |
| 2008/04/01 | 0.795 | 0.989668 |
| 2008/07/01 | 0.789 | 0.975126 |
| 2008/10/01 | 0.78 | 0.947734 |
| 2009/01/01 | 0.766 | 0.930519 |
| 2009/04/01 | 0.76 | 0.925782 |
| 2009/07/01 | 0.755 | 0.925365 |
| 2009/10/01 | 0.75 | 0.930978 |
| 2010/01/01 | 0.751 | 0.933023 |
| 2010/04/01 | 0.753 | 0.934931 |
| 2010/07/01 | 0.75 | 0.937676 |
| 2010/10/01 | 0.749 | 0.939888 |
| 2011/01/01 | 0.752 | 0.936421 |
| 2011/04/01 | 0.751 | 0.938344 |
| 2011/07/01 | 0.75 | 0.937409 |
| 2011/10/01 | 0.752 | 0.942836 |
| 2012/01/01 | 0.757 | 0.943355 |
| 2012/04/01 | 0.757 | 0.942225 |
| 2012/07/01 | 0.757 | 0.945338 |
| 2012/10/01 | 0.758 | 0.940865 |
Note: Shaded areas denote recessions
Source: Author's analysis of Bureau of Economic Analysis National Income and Product Accounts (Table 1.1.6), Congressional Budget Office (2012) and Current Population Survey (CPS) public data series
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