U.S. Output Gap (% of Potential GDP)

U.S. Output Gap (% of Potential GDP) Will the Fed take action to prevent the U.S. economy from overheating? Image: BofA Global Research

U.S. Output Gap and Inflation

U.S. Output Gap and Inflation This chart shows that actual U.S. GDP is higher than potential GDP. Historically, a positive output gap leads to inflation. Image: Richardson Wealth

Output Gap and Stages of the U.S. Business Cycle

Output Gap and Stages of the U.S. Business Cycle Despite gloomy headlines, this chart suggests that the U.S. economic expansion is still intact. Image: BlackRock Investment Institute

U.S. Business Cycle: Output Gap vs. Core PCE Inflation

U.S. Business Cycle: Output Gap vs. Core PCE Inflation The mature phase of the U.S. business cycle began 24 months ago. The mature phase lasted 72 months in the late 1960s and 57 months in the late 1990s. Image: NBF Economics and Strategy