BEA: Real GDP increased at 1.6% Annualized Rate in Q1
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From the BEA: Gross Domestic Product, First Quarter 2024 (Advance Estimate)
Real gross domestic product (GDP) increased at an *annual rate of 1.6
percent ...
1 hour ago
9 comments:
Note that the "sure thing" exponential trend in blue broke spectacularly even with an r-squared of 0.992.
Overlay inflation on top of a best fit sigmoid curve function.
Rob Dawg,
It certainly has that look about it.
Something about diminishing returns... I'll remember eventually.
Rob Dawg,
Diminishing returns you say.
Inflation Adjusted S&P 500 Index (October 2012 Dollars)
2nd attempt's the charm hopefully.
(It does not include dividends.)
It does not include index component or weighting substitutions either. An important consideration for longer time series.
Rob Dawg,
Welcome to the new century.
Home of the "survivor ships"!
Sigh.
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