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GDI

US Economic Growth: charting the GDP+GDI averageThe latest GDP number suggests inflation-adjusted annual growth of 4.2%. However, gross domestic income (GDI) (produced by the Bureau of Economic Analysis ) Both the GDP and GDI are estimates of economic growth (with one focused on expenditure and the other on income). The GDP-GDI average suggest economic growth rate to be in the 3% range. This average may prove to be a useful early warning of economic conditions as investor worries grow over "peak growth" and anticipation of the next recession. This average can be charted using data from FRED & Quandl: ('QUANDL:FRED/A261RL1Q225SBEA'+'QUANDL:FRED/A191RL1Q225SBEA')/2 More info: www.bloomberg.com
FRED:FEDFUNDS
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