by sslifer | Aug 28, 2025 | GDP, NumberNomics Notes
August 28, 2025 The preliminary estimate of second quarter GDP rose 3.3% (which compares to the 3.0% increase for advance reading) and after having declined 0.5% in the first quarter. Both the first and second quarter growth rates were distorted by the behavior of...
by sslifer | Aug 28, 2025 | GDP, NumberNomics Notes
August 28, 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 | Aug 28, 2025 | GDP, NumberNomics Notes
August 28, 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...
Follow Me