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ProfessorGAC

(77,265 posts)

5. Depends

Reply to DemocratSinceBirth (Reply #4)

Fri Jul 27, 2018, 09:02 AM

Jul 2018

GDP growth is reported 2 ways: nominal and real.

Nominal is the straight up C + T + NE + I. Consumer spending plus government transfer payments + Net Exports + Gross Investment.

The real growth is based upon the adjustment due to the changing value of the money after inflation.

Nominal growth does not take inflation into acccount, but real growth does.

Typically, the media reports are nominal growth, but not always. Have to read a little deeper to figure out which they're reporting most of the time.

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Highlight:

U.S. GDP Grew An Unpresidented 4.6% In Second Quarter [View all] DemocratSinceBirth Jul 2018 OP

2.9% inflation has to be subtracted, but finding that nugget is strangely hard. Fred Sanders Jul 2018 #1

I believe GDP is adjusted for inflation DemocratSinceBirth Jul 2018 #4

Depends ProfessorGAC Jul 2018 #5

Random points DemocratSinceBirth Jul 2018 #6

A Little Iffy Right Now ProfessorGAC Jul 2018 #7

Thanks, Obama. JaneQPublic Jul 2018 #2

. Soxfan58 Jul 2018 #3

+1 dalton99a Jul 2018 #8