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GDP measurement

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Post: #1
GDP measurement

Quarterly growth of my economy hit 16% in the first three months of 1995, hmmm. I believe (and correct me if i'm wrong) that quarterly reports of GDP are forecasted at annualized rates and the actual reported growth of an economy isn't released until the end of each fiscal year. If that wasn't the case, then my economy last year (combining all four fiscal quarters) grew at over 12%. And miracle of miracles, my currency has appreciated in inflation rates .01% to ~2.5% since last year Noplan

21.05.2011 17:57
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Post: #2
RE: GDP measurement

It's no miracle dude. In each quarter you see real growth, but in order to find out the annual growth rate, you add every quarter and then divide by 4. Seeing how your state is almost identical to the average state, you did not have a miracle growth. On the contrary your annual percentage change of your economy is -1,3%.
21.05.2011 18:09
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