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Federal Reserve Bank of St. Louis
The Regional Economist
Dealing with the Leftovers: Residual Seasonality in GDP
Michael T. Owyang
Hannah Shell
Abstract

Residual seasonality in gross domestic product can make it difficult for policymakers to know whether weak first-quarter GDP growth is due to an actual downturn or a reported number that is understated.


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Michael T. Owyang & Hannah Shell, "Dealing with the Leftovers: Residual Seasonality in GDP" , Federal Reserve Bank of St. Louis, The Regional Economist, volume 26, issue 4, 2018.
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