Posts Tagged ‘ Contributions to Percent Change in Real GDP ’

Misrepresentation of Economic Numbers

Oct 31st, 2006 | By | Category: Macro Economics
Third-quarter gross domestic product increased at an annual rate of 1.6%, according to advance estimates from the Bureau of Economic Analysis. This was a slowdown from 2.6% in the second quarter. "Real" estimates are in chained (2000) dollars. Inquiring minds might be wondering whether or not we are headed for a ...read more