Its greatest use is as a point of comparison; for example, to determine if the nation's economy grew or contracted compared ...
The Atlanta Fed raised the U.S. fourth quarter economic growth estimate on Tuesday citing recent data. The GDPNow model estimate for ...
Deflators present their own difficulties. The more precise the deflator, the more accurate the real GDP calculation. But there is a sizable drawback. The more precise the deflator, the more ...
to see how one country's GDP measures up in "international dollars." The calculation of PPP adjusts for differences in local prices and costs of living to make cross-country comparisons of real ...
The World Bank forecast published this month, titled Global Economic Prospects, projects Georgia and Azerbaijan to experience ...