by sslifer | Dec 23, 2025 | GDP, NumberNomics Notes
December 23, 2025 The preliminary estimate of third quarter GDP rose 4.3% which compares to 3.8% growth registered in the second quarter. It was far above the 3.2% increase that had been expected. Final sales is GDP less the change in nonfarm business inventories. ...
by sslifer | Dec 23, 2025 | GDP, NumberNomics Notes
December 23, 2025 When the economy is slowing down, firms will accumulate unwanted inventories. Those inventories still show up in GDP, but they are unsold. Hence, GDP will be biased upwards. Similarly, in good times businesses will reduce inventory levels to...
by sslifer | Dec 23, 2025 | GDP, NumberNomics Notes
December 23, 2025 It is important to remember that final sales is a measure of how many domestically produced goods are sold each quarter. But we also sell goods overseas — our exports. And we purchase goods from other countries — our imports. In the...
by sslifer | Aug 28, 2025 | GDP, Inflation, NumberNomics Notes
August 28, 2025 There are many different deflators that are available. This one is for gross domestic purchases which measures prices paid by U.S. residents. It is the one measure of inflation that the Commerce Department talks about when it releases the GDP...
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