PAGE ONE Economics - Federal Reserve Bank of St. Louis
https://files.stlouisfed.org/research/publications/page1-econ/2021/05/03/minding-the-output-gap-what-is-potential-gdp-and-why-does-it-matter_SE.pdf
May 3, 2021 · Minding the Output Gap: What Is Potential GDP and Why Does It Matter? Scott Wolla, Ph.D., Economic Education Coordinator. “Is real output greater or less than potential? And is real output growing more or less rapidly than potential? The answer to these questions are central to policy decisions.” —Richard G. Anderson, Economist1.
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