Tuesday 23 April 2013
The U.S. Government Has Invented a New Way of Calculating GDP
Posted on 10:03 by Unknown
In March 2013, the U.S. government invented a new way of calculating GDP. The Financial Times reported that from July 2013 onwards, the U.S. GDP would become 3% bigger due to a change in statistics. As this adjustment in GDP calculation is pretty significant, I will try to make an observation on which changes on the U.S. GDP will take effect, what the consequences are and how investors should act on this revision in statistics.
Read more here.
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