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by StanislavPetrov
2824 days ago
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> Why is US GDP growth so weirdly constant? Its not hard to make something look consistent when you are constantly changing the algorithm you use, and substantial changes are made every few years. Comparing GDP from year to year when different formulas were used to calculate it (even if the underlying data was all accurate) is comparing apples and oranges. For example, a 2013 change in the GDP formula gave an instant 3% boost to GDP. https://seekingalpha.com/article/1368001-u-s-governments-new... |
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