GDP in the USA USD billion, fixed prices 14000  14000 Earlier GDP  13500  13500 Revised GDP  13000  13000  12500  12500  12000  12000  11500  11500  11000  11000 00  01  02  03  04  05  06  07  08  09  10  11  12  Source: Bureau of Economic Analysis  10. Forward-looking indicators Economic tendency indicator: index, average = 100, standard deviation = 10 Purchasing managers’ index: seasonally-adjusted index 140  140 Economic Tendency Survey  120  120  Purchasing managers’ index  100  100  80  80  60  60  40  40  20  20  0  0 00  01  02  03  04  05  06  07  08  09  10  11  12  Note. The broken line represents the average 2000–2011. Sources: National Institute of Economic Research and Swedbank  12  BIS central bankers’ speeches  11.
Government bond yields 10 year maturity, per cent 20  20 Germany  18  Greece  18  16  Ireland  16  Italy  14  14  Spain  12  12  Portugal  10  10  8  8  6  6  4  4  2  2  0  0 06  07  08  09  10  11  Source: Reuters  12. Government bond yields 10 year maturity, per cent 6.0  6.0  5.5  5.5  5.0  5.0  4.5  4.5  4.0  4.0  3.5  3.5  3.0  3.0  2.5  2.5  USA  2.0  2.0 1.5  Germany  1.5  1.0  Sweden  1.0 0.5  0.5  0.0  0.0 06  07  08  09  10  11  Source: Reuters  BIS central bankers’ speeches  13  13. Stock market developments Index, 1 January 2006 =100 180  180 Sweden (OMXS) Euro area (Euro Stoxx) USA (S& P 500) Emerging markets (MSCI)  160  160  140  140  120  120  100  100  80  80  60  60  40  40 04  05  06  07  08  09  10  11  Source: Reuters  14.