Attention Economy


Saturday, August 29, 2015

Measuring Economic Output

Looking Beyond GDP -
https://www.whitehouse.gov/sites/default/files/docs/gdo_issue_brief_final.pdf

US GDP vs. GDI
http://www.bloomberg.com/news/articles/2015-08-27/under-the-hood-of-u-s-gdp-was-divide-between-growth-incomes
--
2015 Q2 US GDP revised up:
(I am not exactly sure why inventories are being built up so much by businesses. Might impact growth in future quarters)

Longer-Term Revisions (Lesson: Current GDP estimates will inevitably be revised in the future)

Source: BEA