Lab 5: GDP, Cycles and Leading Indicators

 

1. Load the latest quarterly real GDP growth rates (not levels) into a spreadsheet.

 

2. Present the time series with NBER business cycles overlayed.

 

3. Find an example of a leading indicator for real GDP growth, overlay it on your chart

 

4. Show all your sources and defend your choice of leading indicator.

 

Lab results should be emailed by Friday February 25, 10:00am (the day of the lab) to both the instructors: lars.vilhuber@cornell.edu and john.abowd@cornell.edu.