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Comments on: December 08 quarter GDP out today http://www.tvhe.co.nz/2009/03/27/december-08-quarter-gdp-out-today/ The Visible Hand in Economics Mon, 30 Mar 2009 23:47:50 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: Theo Paphitis on the UK Economy | Adam Arnold - The Smarter CEO http://www.tvhe.co.nz/2009/03/27/december-08-quarter-gdp-out-today/#comment-18576 Mon, 30 Mar 2009 23:47:50 +0000 http://www.tvhe.co.nz/?p=3418#comment-18576 […] December 08 quarter GDP out today | TVHE […]

]]> By: NBA Live 09 - Made Fresh Daily - EAsports | Sports, Betting and Training Blog. http://www.tvhe.co.nz/2009/03/27/december-08-quarter-gdp-out-today/#comment-18538 Sun, 29 Mar 2009 05:42:15 +0000 http://www.tvhe.co.nz/?p=3418#comment-18538 […] December 08 quarter GDP out today | TVHE […]

]]> By: December 2008 GDP | TVHE http://www.tvhe.co.nz/2009/03/27/december-08-quarter-gdp-out-today/#comment-18506 Thu, 26 Mar 2009 22:01:08 +0000 http://www.tvhe.co.nz/?p=3418#comment-18506 […] GDP deflator did rise a lot more strongly than I expected. […]

]]> By: Matt Nolan http://www.tvhe.co.nz/2009/03/27/december-08-quarter-gdp-out-today/#comment-18503 Thu, 26 Mar 2009 20:59:43 +0000 http://www.tvhe.co.nz/?p=3418#comment-18503 The annualised rate gives you a number that tells you what annual growth would be if the current quarterly rate of growth remained for the whole year.

As a result, GDP might fall by 0.1%, but the annualised rate would be closer to 0.4% – so it makes movements sound a lot bigger than they are.

As a result, you hear that “annualised GDP fell 6.3% in the US” – but the actual seasonally adjusted fall in GDP was only 1.5%.

It is a bit misleading – as it sort of tricks people who don’t know about the numbers to believe that the movements in GDP are a lot bigger than they actually are …

]]> By: agnitio http://www.tvhe.co.nz/2009/03/27/december-08-quarter-gdp-out-today/#comment-18502 Thu, 26 Mar 2009 20:53:43 +0000 http://www.tvhe.co.nz/?p=3418#comment-18502 one line description of the annualised issue please?

]]> By: Matt Nolan http://www.tvhe.co.nz/2009/03/27/december-08-quarter-gdp-out-today/#comment-18500 Thu, 26 Mar 2009 20:07:24 +0000 http://www.tvhe.co.nz/?p=3418#comment-18500 @goonix

Its the way economists in the US do it – so of course its misleading 😉

Us NZ economists are far more interested in informing and helping the public 😛

]]> By: goonix http://www.tvhe.co.nz/2009/03/27/december-08-quarter-gdp-out-today/#comment-18499 Thu, 26 Mar 2009 20:05:15 +0000 http://www.tvhe.co.nz/?p=3418#comment-18499 Agreed with the annualised thing – heard it on the radio this morning wrt the US and it is a pretty misleading way of putting things.

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