Discover why real GDP offers a more accurate picture of economic growth by adjusting for inflation and when nominal GDP might be more useful for short-term analysis.
This Economic Letter discusses a topic that at first glance appears to be boring and technical but that in fact turns out to be quite important: the proper interpretation of chain-weighted data. To ...
The US Bureau of Economic Analysis estimated that real GDP contracted at an annualized rate of 0.3 percent in Q1 2025, the first negative reading since Q1 2022. The April 29 GDPNow nowcasts were well ...
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