…the U.S. economy will have grown at a rate of: 2.8%/year over the past four quarters. 2.5%/year over the past eight quarters. 2.2%/year over the past twelve quarters. If you think that the growth rate of potential output post-2009 is 2.2%/year, we are in exactly the same position relative to potential output that we were … Continue reading With a First-Quarter-of-2015 Projected Real GDP Growth Rate of 1.3%/Year…