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Related Lessons

Lesson: Economic Indicators


Focus on Economic Data: U.S. Real GDP Growth, November 30, 2014

In this lesson, students explore the revised estimate of real GDP data for the third quarter of 2014. These data, released by the Bureau of Economic Analysis, are presented first as estimates, then as revisions as more data for the time period is collected. This lesson uses data from the revised estimate of the 3Q 2014 activity. Students will understand the recent trends in real GDP, as well as gain insight into the purpose and role of seasonal adjustments in GDP reporting. They will also analyze broader patterns of GDP growth to make more accurate judgments about the true state of the economy's health.

Grades: 9-12
Published: 12/19/2014

Focus on Economic Data: U.S. Real GDP Growth, February 28, 2013

This lesson focuses on the second estimate of U.S. real gross domestic product for the fourth quarter (Q4) of 2012, as reported by the U.S. Bureau of Economic Analysis (BEA) on February 28, 2013. The current data and historical GDP data are explained. The meaning of GDP and potential impacts of changes of GDP are explored. This lesson will also raise questions about the impact of the current level of growth on the U.S. economy and individuals.

Grades: 9-12
Published: 03/11/2013

Focus on Economic Data: U.S. Real GDP Growth, Final Estimate Q4 2012, March 28, 2013

This lesson focuses on the March 28, 2013, third (final) estimate of U.S. real gross domestic product (real GDP) growth for the fourth quarter (Q4) of 2012, as reported by the U.S. Bureau of Economic Analysis (BEA). The current data and historical data are explained. The meaning of GDP and potential impacts of changes of GDP are explored. This lesson will also raise questions about the impact of the current level of growth on the U.S. economy and individuals.

Grades: 9-12
Published: 05/10/2013