Article

2023-04-27 Economy

GDP 1st Q 2023 (advanced estimate) up only 1.1% (annualized)

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Posted by lord garth 2023-04-27 09:14|| || Front Page|| [13 views ] Top

#1 Wondering out loud what the number would be without inflation.

Posted by Angstrom 2023-04-27 10:51|| 2023-04-27 10:51|| Front Page Top

#2 Wondering out loud what the number would be ~~without inflation~~ if they told the truth based on 1990's standards!...

Posted by NoMoreBS 2023-04-27 11:34|| 2023-04-27 11:34|| Front Page Top

#3 the 1.1% annualized increase is after adjustment for inflation (using BLS inflation numbers).

it is not population adjusted so if you assume an increase in population of, say 0.6% annualized, the increase is cut in half

or you could adjust it for the number of people in the labor force which is about 1.5% over the past year (ignoring the people in the labor force who have no intention of working) which would make the GDP/labor force number negative

lots of ways to adjust

Posted by lord garth 2023-04-27 12:58|| 2023-04-27 12:58|| Front Page Top

#4 Stagflation.....or Stag Party, ammmirite Brandon!

Woooooooo!

This is the over optimistic high number they always release and re-adjust down a month later on a Saturday morning.

Posted by swksvolFF 2023-04-27 18:08|| 2023-04-27 18:08|| Front Page Top

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