This Economic Letter discusses a topic that at first glance appears to be boring and technical but that in fact turns out to be quite important: the proper interpretation of chain-weighted data. To ...
WASHINGTON - Real gross domestic product - the broadest measure of the economy's performance - rose at a 4.4% seasonally adjusted annual rate in the first quarter, according to preliminary figures ...
Diane Coyle, Bennett Professor of Public Policy at the University of Cambridge and author of GDP: A Brief But Affectionate History, explains why gross domestic product is no longer an adequate means ...
The chain-type measure of gross domestic product registered a 2.6% increase in the preliminary estimate, compared to a 2.5% gain in the advance figures. Economists polled by IFR BondData America had ...
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