IEA Pocket Charts
Panel 14

Panel 14
Federal Budgets -- Key Aspects (National Income Basis)
(see also Panels R-14A, B and C )

Chart-specific notes (footnotes to series names)

all:   These are ratios to Capacity-GNP -- add 2.8 for approximate % of GNP during 1977-78
4. 4% unemployment definition, adjusted to 1955 demographics   (includes supplementary and special unemployment benefits)

General notes

This is one of 20 regular and a dozen periodic chart panels taken as a sample from the final issue -- December 1979 -- of the initial series of IEA Pocket Charts. The compact and analytically advanced economic charts feature the following analytical features:

  1. "Flat horizontal" presentation, as growth rates or ratios to GDP -- to facilitate comparisons of different time periods and series
  2. Fluctuations shaded to "normal" lines -- made possible by such presentation
  3. Smoothing -- quarterly centered moving averages to eliminate "zig-zag noise"
  4. Economic conditions displayed for context as vertical bands or lines (see Economic Fluctuations Viewed in Growth Perspective for definitions of these terms), clearly illustrated in chart Panel 1:

A full guide to the presentation and analytical features of the charts -- an understanding of which is necessary for making full analytical use of the charts -- is available at How to Read IEA Charts.

Printing is best done in landscape mode. For portrait mode, use a 75% size factor.
Posted: December 22, 1998
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