EconEdLink

Focus on Economic Data: Gross Domestic Product - February 2002

Real Gross Domestic Product (GDP) during the fourth quarter (October through December) of 2001 increased at an annual rate of 1.4 percent. This is the "preliminary" estimate for the fourth quarter and is a revision of the announcement of a .2 percent increase that was made one month ago. It is still based on incomplete data and will be revised in the "final" estimates one month from now. During the first three quarters of 2001, real GDP changed at annual rates of +1.3 percent, +0.3 percent and -1.3 percent respectively.

Focus on Economic Data: Gross Domestic Product - March 2002

Real Gross Domestic Product (GDP) during the fourth quarter (October through December) of 2001 increased at an annual rate of 1.7 percent. This is the final estimate for the fourth quarter and is a revision of the announcement of a 1.4 percent increase that was made one month ago. During the first three quarters of 2001, real GDP changed at annual rates of +1.3 percent, +0.3 percent and -1.3 percent respectively.

Focus on Economic Data: Gross Domestic Product - September 2001

Real Gross Domestic Product (GDP) during the second quarter (April through June) of 2001 increased at an annual rate of 0.3 percent. This is the final estimate for the second quarter. During the first quarter of 2001, real GDP increased at an annual rate of 1.3 percent. For the year 2000, real GDP increased at annual rates of 2.3, 5.7, 1.3, and 1.9 percent in each of the four quarters. The slowing rate of growth throughout 2000 has continued through the most recent two quarters. The growth rate in real GDP over the last 12 months has been 1.2 percent. That compares with a more than 4 percent annual growth rate over the last several years.

Teaching Financial Crises

Teaching Financial Crises is an eight lesson resource that provides an organizing framework in which to contextualize all of the media attention that has been paid to the recent financial crisis, as well as put it in a historical context. The current events stories, opinion pieces, and other popular media pieces that are today in great supply have generally not connected to educational objectives, historical analysis, and economic processes and concepts that are used in the high school classroom. In Teaching Financial Crises, teachers will find a non-partisan and non-ideological resource to help them simplify and offer balanced perspectives on this challenging subject matter.

1 out of 9 lessons from this publication relate to this EconEdLink lesson.