Follow-Up on Q2 GDP

Here’s a small footnote to this week’s Q2 GDP report.

If we work out the decimals, the economy grew by 3.9501881957% during Q2. That’s the annualized after-inflation rate. Of course, that rounds up to 4.0% which was reported just about everywhere.

But how close did we come to being rounded down to 3.9%? By my calculations, we crossed the rounding-up threshold in the final 6 minutes and 7.4 seconds of the quarter.

Posted by on August 1st, 2014 at 7:04 pm


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