Period | Previous (%) | Revised (%) | Difference (% |
---|---|---|---|
2021 Q1 | 3.4 | 1.6 | -1.8 |
2021 Q2 | 2.3 | 0.8 | -1.5 |
2021 Q3 | -3.0 | -2.4 | 0.6 |
2021 Q4 | 3.0 | 2.8 | -0.2 |
2022 Q1 | -6.0 | -6.3 | -0.3 |
2022 Q2 | -3.7 | -3.6 | 0.1 |
2022 Q3 | 1.2 | 0.4 | -0.8 |
2022 Q4 | 1.6 | 1.6 | 0.0 |
2023 Q1 | -1.2 | -0.8 | 0.4 |
2023 Q2 | 3.5 | 3.6 | 0.1 |
NOTES
Data is from FRED https://fred.stlouisfed.org/
In Sept 2023 BEA released the Comprehensive Update of the National Income and Product Accounts (NIPA). The base year was changed from 2012 to 2017 for real output measures as well as for indexes of labor productivity. Quarterly and annual measures incorporating compensation were subject to revision back to 2008 for the business and nonfarm business sectors, back to 2013 for the nonfinancial corporate sector, and back to 2018 for the manufacturing sector.
https://www.bea.gov/information-updates-national-economic-accounts