GDP

The Defining 20 US Industries

During the course of making my book, I took a look at the GDP Industry data from the Bureau of Economics Analysis and I decided to graph the 60 years of data showing the share of each industry in the US economy. Each graph is on the same x- and y-scales to support comparisons across all of them. At the same time I thought it would be helpful to list out some of the activities found in each industry so that these charts could be used as an introduction to the dataset.  FInally, I ordered the industries from the largest to smallest across four pages.

Each area graph was created with OmniGraphSketcher and the final layout and annotations were made using Illustrator.

Datasource: US Bureau of Economic Analysis. “Gross Domestic Product (GDP) by Industry Data.” June 2012. http://www.bea.gov/industry/gdpbyind_data.htm. 

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6 Real World Examples of Exponential Growth in Powerpoint

After receiving requests to use some of my graphs in textbooks, emails from teachers and recommendations by EducationWorld and the Library of Congress, I decided to create a series of Powerpoint presentations for teachers. In my first Powerpoint slide deck, I have created and updated examples of exponential growth in economics and finance. This historical data is annotated by major events and covers, in some cases, 200 years of US history. They are useful for interdisciplinary classwork in economics, social studies history as well as math. Besides demonstrating how the logarithmic scale works, this collection of graphs provides examples that show how log scales can illustrate percent changes and growth rates. 

I release my work with a CREATIVE COMMONS BY-NC license so you are free to share/copy these graphs for educational or personal use after you purchase it.

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Growth of GDP per Capita vs Stock Prices since 1871

RealStock_GDP-per-capita_Log-650x442.png

Comparing Real GDP per Capita growth to the real growth in S&P Composite (price only). However, the stock price series is adjusted for inflation using CPI-U while the GDP per Capita (from MesuringWorth.com) is adjusted with the GDP Deflator.

Annualized growth rate of since 1871:Real GDP per Capita = 2.0%Real stock price return = 1.9% compared to Real total return with dividends reinvested = 6.2%

Data from MeasuringWorth.com and IrrationalExuberance.com


Real Word Examples of Exponential Growth
4.50

Six real word examples of exponential growth in a Powerpoint slide show (3.7 MB) that includes 11 graphs of economic and financial data (linear and log scale). Data is from MeasuringWorth.orgYahoo Finance, and Irrational Exuberance. Links to the data sets are included in the file. Images can be printed (B&W or color) for handouts.

  • Real US GDP 1790-2012 (Linear & Log Graphs)
  • Real US Stock Prices 1871-2012 (Linear & Log Graphs)
  • General Electric Stock Price 1962-2013  (Linear & Log Graphs)
  • US Population 1790-2012 (Linear & Log Graphs)
  • Inflation Index 1774-2012 (Linear & Log Graphs) 
  • US GDP & Population 1790-2012 (Log Graph)

These graphs illustrate historical data series with constant growth rates and data series with changing growth rates over time. In addition, there is a example of adding/subtracting growth rates in log graph using US GDP, US Population & US GDP per person. 

*** A few of people have had difficulty downloading in Firefox, if the download link does not work, try to copying the link into another browser. ***

 
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