Figure A
Economy’s supply-side (potential GDP) moves smoothly – doesn’t change a lot year-to-year: Real potential GDP, as estimated in 2025 (2025$, billions)
| Quarter | Real Potential GDP |
|---|---|
| 1995Q1 | 11,326 |
| 1995Q2 | 11,405 |
| 1995Q3 | 11,486 |
| 1995Q4 | 11,568 |
| 1996Q1 | 11,653 |
| 1996Q2 | 11,743 |
| 1996Q3 | 11,839 |
| 1996Q4 | 11,941 |
| 1997Q1 | 12,050 |
| 1997Q2 | 12,164 |
| 1997Q3 | 12,283 |
| 1997Q4 | 12,407 |
| 1998Q1 | 12,534 |
| 1998Q2 | 12,665 |
| 1998Q3 | 12,799 |
| 1998Q4 | 12,936 |
| 1999Q1 | 13,075 |
| 1999Q2 | 13,216 |
| 1999Q3 | 13,358 |
| 1999Q4 | 13,504 |
| 2000Q1 | 13,650 |
| 2000Q2 | 13,793 |
| 2000Q3 | 13,930 |
| 2000Q4 | 14,059 |
| 2001Q1 | 14,182 |
| 2001Q2 | 14,298 |
| 2001Q3 | 14,408 |
| 2001Q4 | 14,511 |
| 2002Q1 | 14,609 |
| 2002Q2 | 14,703 |
| 2002Q3 | 14,795 |
| 2002Q4 | 14,886 |
| 2003Q1 | 14,977 |
| 2003Q2 | 15,069 |
| 2003Q3 | 15,161 |
| 2003Q4 | 15,254 |
| 2004Q1 | 15,349 |
| 2004Q2 | 15,446 |
| 2004Q3 | 15,544 |
| 2004Q4 | 15,643 |
| 2005Q1 | 15,740 |
| 2005Q2 | 15,834 |
| 2005Q3 | 15,925 |
| 2005Q4 | 16,014 |
| 2006Q1 | 16,100 |
| 2006Q2 | 16,183 |
| 2006Q3 | 16,262 |
| 2006Q4 | 16,336 |
| 2007Q1 | 16,413 |
| 2007Q2 | 16,493 |
| 2007Q3 | 16,575 |
| 2007Q4 | 16,658 |
| 2008Q1 | 16,742 |
| 2008Q2 | 16,824 |
| 2008Q3 | 16,904 |
| 2008Q4 | 16,980 |
| 2009Q1 | 17,050 |
| 2009Q2 | 17,116 |
| 2009Q3 | 17,179 |
| 2009Q4 | 17,240 |
| 2010Q1 | 17,300 |
| 2010Q2 | 17,362 |
| 2010Q3 | 17,427 |
| 2010Q4 | 17,493 |
| 2011Q1 | 17,560 |
| 2011Q2 | 17,630 |
| 2011Q3 | 17,703 |
| 2011Q4 | 17,776 |
| 2012Q1 | 17,852 |
| 2012Q2 | 17,929 |
| 2012Q3 | 18,008 |
| 2012Q4 | 18,088 |
| 2013Q1 | 18,170 |
| 2013Q2 | 18,254 |
| 2013Q3 | 18,338 |
| 2013Q4 | 18,423 |
| 2014Q1 | 18,509 |
| 2014Q2 | 18,597 |
| 2014Q3 | 18,687 |
| 2014Q4 | 18,778 |
| 2015Q1 | 18,870 |
| 2015Q2 | 18,963 |
| 2015Q3 | 19,057 |
| 2015Q4 | 19,151 |
| 2016Q1 | 19,245 |
| 2016Q2 | 19,340 |
| 2016Q3 | 19,434 |
| 2016Q4 | 19,528 |
| 2017Q1 | 19,622 |
| 2017Q2 | 19,717 |
| 2017Q3 | 19,815 |
| 2017Q4 | 19,914 |
| 2018Q1 | 20,017 |
| 2018Q2 | 20,122 |
| 2018Q3 | 20,228 |
| 2018Q4 | 20,335 |
| 2019Q1 | 20,443 |
| 2019Q2 | 20,551 |
| 2019Q3 | 20,659 |
| 2019Q4 | 20,764 |
| 2020Q1 | 20,867 |
| 2020Q2 | 20,970 |
| 2020Q3 | 21,072 |
| 2020Q4 | 21,174 |
| 2021Q1 | 21,278 |
| 2021Q2 | 21,383 |
| 2021Q3 | 21,493 |
| 2021Q4 | 21,606 |
| 2022Q1 | 21,722 |
| 2022Q2 | 21,841 |
| 2022Q3 | 21,962 |
| 2022Q4 | 22,085 |
| 2023Q1 | 22,208 |
| 2023Q2 | 22,333 |
| 2023Q3 | 22,460 |
| 2023Q4 | 22,588 |
| 2024Q1 | 22,718 |
| 2024Q2 | 22,850 |
| 2024Q3 | 22,981 |
| 2024Q4 | 23,113 |
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