by sslifer | Sep 30, 2026 | GDP, NumberNomics Notes
September 30, 2026 The final estimate of second quarter GDP growth was 2.2% which compares to 2.5% growth in the first quarter. .The economy is showing no sign of slowing down. Final sales is GDP less the change in nonfarm business inventories. Final sales climbed...
by sslifer | Sep 30, 2026 | GDP, NumberNomics Notes
September 30, 2026 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 | Sep 30, 2026 | GDP, NumberNomics Notes
September 30, 2026 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 | Sep 30, 2026 | GDP, Inflation, NumberNomics Notes
September 30, 2026 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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