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Politics : American Presidential Politics and foreign affairs

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To: TimF who wrote (31300)1/12/2009 12:22:02 PM
From: DuckTapeSunroof  Read Replies (1) of 71588
 
"If an increase in GDP is temporary. Then when it ends GDP will go down. The actual GDP figures will "count" this negative factor by showing the GDP going down."

No.

Government GDP figures are reported and calculated Y-o-Y.

The calculation for each single year reflects THAT YEAR'S results alone. (I.E., if GDP goes up, or goes down, that particular year, then that is what is reported.)

They do not 'back-out numbers' from PRIOR years' results because of what has happened in THIS CURRENT YEAR.

(They would only adjust the prior years' reported numbers if they produced MORE ACCURATE FINAL NUMBERS that reflected the results for THAT PRIOR YEAR. Again... with no connection to the current year.)
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