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Analysis

Nominal GDP is inappropriate for measuring growth

🕓 2 min read
28 Mar 2017
undefined's-profile-photoBenje Patterson
Infometrics estimates of regional GDP in the Regional Economic Profile are shown in real (or constant) prices. By using real prices, we remove the distractionary effect of inflation and allow you to meaningfully compare underlying production within each local economy (GDP) from one year to the next.

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