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Reader comment on:
A Growing Economy

Submitted by Teus de Koning, Aug 30, 2008 08:50

Dear Sir, as you say: "And that is a real rate of growth, meaning it is adjusted for inflation." I hear, from forums on the internet but also from a few analysts, that this 'adjusted for inflation' was done with a much lower inflation rate than what's realistic. Is this true, and to check it for a hummble reader as I am, where can I find the official release with the calculation of this number? I have to confess that a growth of 3.3 % sounds strange in a time that the incomes en the consumer spending is declining. The export and producers may help a bit, but can that give such a growth? I hope you can answer my question. Kind regards, Teus de Koning, The Netherlands


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You are misunderstanding what made this GDP report appear strong. GDP subtracts import. When their prices are rising -- as... [MORE]

ritholtz

Aug 30, 2008 15:55

As one who is old enough to have wasted countless hours sitting in gas lines during the Seventies, it seems... [MORE]

John Rosen

Aug 30, 2008 10:12

Dear Sir, as you say: "And that is a real rate of growth, meaning it is adjusted for inflation." I...

Teus de Koning

Aug 30, 2008 08:50

"Although we have seen improved functioning in some markets, the financial storm that reached gale force" around this time last... [MORE]

John Doe

Aug 29, 2008 08:34

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