Real GDP Chart Since 1947 With Trendline – 1st Quarter 2015

For reference purposes, below is a chart from Doug Short’s “Q1 GDP Advance Estimate Surprises to the Downside” post of April 29, 2015, depicting Real GDP, with a trendline, as depicted.  This chart reflects the Gross Domestic Product Q1 2015 Advance Estimate (pdf) of April 29, 2015:

real GDP since 1947 chart

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The Special Note summarizes my overall thoughts about our economic situation

SPX at 2107.79 as this post is written