" Current-dollar GDP -- the market value of the nation's output of goods and services -- increased 6.2 percent, or $251.9 billion, in the third quarter to a level of $16,912.9 billion."
http://www.bea.gov/newsreleases/national/gdp/gdpnewsrelease.htm
The 6.2% is an annualized rate, and includes inflation of 1.8%. Without inflation, the real annualized GDP rate increased at an annual rate of 4.1%. The bigger GDP makes the debt-to-GDP ratio smaller.
No comments:
Post a Comment