Things Are Getting Better. But They're Still Not Good. (Cont'd)

The latest GDP numbers are out this morning, and they paint a familiar picture.

Like the Fed's statement earlier this week, the trends in GDP suggest that things are getting better — but they're still not good.

GDP rose at an annual rate of 3.2 percent in the first quarter of this year. That's a promising sign, and it's roughly in line with economists' expectations.

But, as Calculated Risk points out in the graph below, real GDP — a key measure of the standard of living — is still lower than it was before the downturn. Click on the graph to see a larger version.



Please keep your community civil. All comments must follow the Community rules and terms of use, and will be moderated prior to posting. NPR reserves the right to use the comments we receive, in whole or in part, and to use the commenter's name and location, in any medium. See also the Terms of Use, Privacy Policy and Community FAQ.

NPR thanks our sponsors

Become an NPR sponsor

Support comes from