About that "Beat the Street" GDP Number

About that "Beat the Street" GDP Number

July 31, 2013 0 By News Desk
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My friend "BC" says How convenient, otherwise real GDP would have printed at 0.8%, prices constant.  Yet, the yoy rate of real final sales per capita is below 1% for the second quarter in a row, whereas the second quarter annualized rate is near contracting. Had the deflator been reported at the rate in Q1, the yoy and 2-qtr. annualized real final sales per capita rates would have been reported as contracting

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About that "Beat the Street" GDP Number