Chain-weighting: the new approach to measuring GDP

Recent dramatic changes in the U.S. economy's structure have compelled BEA to revise the way in which it measures real GDP levels and growth. By switching to a chain-weighted method of computing aggregate growth--which relies heavily on current price information--BEA will be able to measure GDP growth more accurately by eliminating upward biases in the incoming data.

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Year of publication:	1995
Authors:	Steindel, Charles
Published in:	Current Issues in Economics and Finance. - Federal Reserve Bank of New York. - Vol. 1.1995, Dec, 9
Publisher:	Federal Reserve Bank of New York
Subject:	Gross domestic product

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Extent:	text/html application/pdf
Type of publication:	Article
Language:	English
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005717142