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To: GraceZ who wrote (88438)4/1/2001 5:15:30 PM
From: Skeeter Bug  Read Replies (3) | Respond to of 436258
 
grace,

i don't doubt your annual numbers. however, i recall hearing that productivity was above 7% toward the end of 1999/beginning of 2000. i didn't mean to imply average annual figures. i also included annualized monthly figures.

6.5% and 5% seem about right. they are about 80-100% above reality. you should see this if you exclude the bogus chained dollars (read, not real) that alan.com arbitrarily puts in the system to boost the numbers. if accoutants did what alan did they'd get thrown in jail.



To: GraceZ who wrote (88438)4/2/2001 12:43:13 AM
From: LLCF  Read Replies (1) | Respond to of 436258
 
<I don't know where you are pulling your numbers from, but the growth in GDP from 1999 to 2000 figured in straight dollars was around 6.5% and in constant 1996 dollars it was around 5%.>

How can that be... inflation was 1.5%?? Greenspan using backwardation too?

dAK


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