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> If the per capita GDP of U.S. grew by 12.4% Where did you get that number? No way that's right. Here are the numbers from the Fed: https://fred.stlouisfed.or
by fumplethumb 10y ago
> If the per capita GDP of U.S. grew by 12.4%
Where did you get that number? No way that's right. Here are the numbers from the Fed: https://fred.stlouisfed.org/series/A191RP1Q027SBEA https://fred.stlouisfed.org/series/A191RP1Q027SBEA
Annual per capita GDP growth never exceeded 7% from 2000-2014.
- yummyfajitas 10y agoWrong series. This is the right one: https://fred.stlouisfed.org/series/A939RX0Q048SBEA https://fred.stlouisfed.org/series/A939RX0Q048SBEA Real GDP/capita = $43,935 in Q1 2000, $50,549 in Q4 2014. That's 15% growth. Your own numbers don't disagree with this if you integrate them and divide by population.
- fumplethumb 10y agoAhh I see now. OP was talking cumulative growth, not annualized growth. Thanks!