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Data Mining
Selected Economics Statistics for Various
Years, 2000-2010
by Yahya Abdulqader
MBA 630 (01)
Data - Selected Economics Statistics for Various Years, 2000-2010
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010
Gross Domestic Product
10289.7 10625.3 10980.2 11512.2 12277 13095.4 13857.9 14480.3 14720.3 14417.9 14958.3
National Income
17740 18265.8 18776.4 19594.2 20903.6 22294.4 23874.4 24391.4 24515.8 23954.6 25067.2
Disposable Income
7400.5 7752.3 8099.2 8486.7 9003.2 9401.8 10037.7 10507.9 10995.4 10937.2 11234.7
Real GDP (billions of 2009
dollars)
12565.2 12684.4 12909.7 13270 13774 14235.6 14615.2 14876.8 14833.6 14417.9 14779.4
Economic Growth Rate
4.1 1 1.8 2.8 3.8 3.4 2.7 1.8 0.3 2.8 2.5
Chart - Selected Economics Statistics for Various Years, 2000-2010
0
0.5
1
1.5
2
2.5
3
3.5
4
4.5
0
5000
10000
15000
20000
25000
30000
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010
ECONOMICGROWTHRATE
STATISTICSINBILLIONSOFDOLLARS
YEARS
Series2
Series3
Series4
Series5
Series6
Analysis - Selected Economics Statistics for Various Years, 2000-2010
• Gross Domestic Product: It has gradually increased from 2000 to 2010.
However, there is an exception to that which is 2009 where the Gross
Domestic Product has slightly decreased from $14720.3 in the previous year
to $14417.9 billion. Obviously, the reason behind that is 2009 was the trough
of the Great Recession which occurred between the years 2007 to 2009.
Analysis - Selected Economics Statistics for Various Years, 2000-2010
• National Income: The same interpretation can be applied here. However,
the National Income has been stable during the period between mid-2006 to
mid-2008.
Analysis - Selected Economics Statistics for Various Years, 2000-2010
• Disposable Income: The same interpretation can be applied here. However,
it seems that the Disposable Income was not significantly impacted by the
Great Recession.
Analysis - Selected Economics Statistics for Various Years, 2000-2010
• Real GDP: The same interpretation can be applied here. In addition, the
chart shows that the gap between the GDP and the real GDP began to
shrink gradually, starting from mid-2006 to be completely disappeared at
the beginning of the year 2008.
Analysis - Selected Economics Statistics for Various Years, 2000-2010
• Economic Growth Rate: In 2000, the rate was at its best at 4.1%. Soon, it
began to fall sharply until reached its lowest at 1% in 2001. Then, it began to
take a steady rise until topped at 3.8% in 2004. Later, the rate began to
decline gradually until bottomed at only 0.3% in 2008, and this is the lowest
economic growth rate for the period from 2000 to 2010.

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Data Mining - Power Point

  • 1. Data Mining Selected Economics Statistics for Various Years, 2000-2010 by Yahya Abdulqader MBA 630 (01)
  • 2. Data - Selected Economics Statistics for Various Years, 2000-2010 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 Gross Domestic Product 10289.7 10625.3 10980.2 11512.2 12277 13095.4 13857.9 14480.3 14720.3 14417.9 14958.3 National Income 17740 18265.8 18776.4 19594.2 20903.6 22294.4 23874.4 24391.4 24515.8 23954.6 25067.2 Disposable Income 7400.5 7752.3 8099.2 8486.7 9003.2 9401.8 10037.7 10507.9 10995.4 10937.2 11234.7 Real GDP (billions of 2009 dollars) 12565.2 12684.4 12909.7 13270 13774 14235.6 14615.2 14876.8 14833.6 14417.9 14779.4 Economic Growth Rate 4.1 1 1.8 2.8 3.8 3.4 2.7 1.8 0.3 2.8 2.5
  • 3. Chart - Selected Economics Statistics for Various Years, 2000-2010 0 0.5 1 1.5 2 2.5 3 3.5 4 4.5 0 5000 10000 15000 20000 25000 30000 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 ECONOMICGROWTHRATE STATISTICSINBILLIONSOFDOLLARS YEARS Series2 Series3 Series4 Series5 Series6
  • 4. Analysis - Selected Economics Statistics for Various Years, 2000-2010 • Gross Domestic Product: It has gradually increased from 2000 to 2010. However, there is an exception to that which is 2009 where the Gross Domestic Product has slightly decreased from $14720.3 in the previous year to $14417.9 billion. Obviously, the reason behind that is 2009 was the trough of the Great Recession which occurred between the years 2007 to 2009.
  • 5. Analysis - Selected Economics Statistics for Various Years, 2000-2010 • National Income: The same interpretation can be applied here. However, the National Income has been stable during the period between mid-2006 to mid-2008.
  • 6. Analysis - Selected Economics Statistics for Various Years, 2000-2010 • Disposable Income: The same interpretation can be applied here. However, it seems that the Disposable Income was not significantly impacted by the Great Recession.
  • 7. Analysis - Selected Economics Statistics for Various Years, 2000-2010 • Real GDP: The same interpretation can be applied here. In addition, the chart shows that the gap between the GDP and the real GDP began to shrink gradually, starting from mid-2006 to be completely disappeared at the beginning of the year 2008.
  • 8. Analysis - Selected Economics Statistics for Various Years, 2000-2010 • Economic Growth Rate: In 2000, the rate was at its best at 4.1%. Soon, it began to fall sharply until reached its lowest at 1% in 2001. Then, it began to take a steady rise until topped at 3.8% in 2004. Later, the rate began to decline gradually until bottomed at only 0.3% in 2008, and this is the lowest economic growth rate for the period from 2000 to 2010.