Birdwatch Archive

Birdwatch Note Rating

2023-10-27 04:57:40 UTC - NOT_HELPFUL

Rated by Participant: 0D165EE588C2F55225C81ADE3450CEACC3367ED2509EE21ECF57E7103DE2F940
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Original Note:

The annualized increase of 4.9% is in real terms. Real terms means it has been adjusted for inflation. If it were not adjusted for inflation, annualized increase in gdp would be 8.5%. https://www.bea.gov/news/2023/gross-domestic-product-third-quarter-2023-advance-estimate https://en.m.wikipedia.org/wiki/Real_versus_nominal_value_(economics)

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