Streams

Better Accounting Will Boost U.S. GDP

Tuesday, July 30, 2013

On Wednesday, the Bureau of Economic Analysis will release new statistics on the nation's Gross Domestic Product (GDP) for the second quarter. The main number — the total value of all goods and services produced in the United States — will be about 3 percent bigger than it would have been. It won't be bigger because of a change in the economy, but rather a change in accounting.

Source: NPR

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