and isn't GDP counted in now-inflated dollars? if inflation is above the supposed "rate of growth" is it really "growth"? Read yesterday that Wal*Mart and Target may have sales increases but selling less goods at inflated prices causing inventory issues...
and isn't GDP counted in now-inflated dollars? if inflation is above the supposed "rate of growth" is it really "growth"? Read yesterday that Wal*Mart and Target may have sales increases but selling less goods at inflated prices causing inventory issues...
and isn't GDP counted in now-inflated dollars? if inflation is above the supposed "rate of growth" is it really "growth"? Read yesterday that Wal*Mart and Target may have sales increases but selling less goods at inflated prices causing inventory issues...
"Nominal" GDP is in current (inflated) dollars.
"Real" GDP aims to factor out the effects of inflation.
The GDPNow nowcast is for Real GDP