Birdwatch Note Rating
2023-10-26 15:50:50 UTC - HELPFUL
Rated by Participant: 803A1079241C6E43E80E29DED17CB0AC5DCFD4B272577E0426F05DFEAFF0BDC6
Participant Details
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)
All Note Details