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To: lorne who wrote (27321)	1/29/1999 9:14:00 PM
From: PaulM	Read Replies (1) \| Respond to of 116759

Can anyone with an econ background explain the meaning of GDP? Todays number said 4th quarter U.S.GDP was $7.6 trillion. That was in line with previous quarters but didn't sound right to me. the U.S. pop used to be and--I think--still is 280 million, that comes to about $27,000 per person for the fourth quarter, and extrapolating $108,000 per person for a year. Considering that many of those persons are children or retired, that number seems ridiculously overstated. bloomberg.com P.S. Perhaps when they say for the "fourth quarter" they really mean the year?