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To: fut_trade who wrote (41449)2/26/2000 9:37:00 AM
From: KyrosL  Read Replies (1) | Respond to of 99985
 
You forgot the magic of compounding. The quarter to quarter increase was (9050.9/8900.6 - 1) = 0.0169 as you correctly pointed out. Compounded over four quarters, this gives an annual rate of (1.0169**4 -1)*100% = 6.9%



To: fut_trade who wrote (41449)2/27/2000 7:13:00 PM
From: pater tenebrarum  Respond to of 99985
 
Peter, all i know is that GDP is anyway over-reported due to the chained dollars trick. take out the hedonic pricing and GDP growth is cut in half.
the difference between your and their calculation is inexplicable to me...i suggest you send an e-mail to the BLS and ask them.

regards,

hb


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