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Re:U.S. GDP grew at a 4.9% annual pace in the third quarter,... by coliveira on Thursday October 26, 2023 @10:03AM (#38025710)
Adjusted by what? Official inflation figures. Look at official inflation and they restrict the measurement to items that are probably less than half of what the average person needs to buy. So inflation adjusted GPD is really misleading in times of high inflation. We might be close to zero growth and the official statistics would still show economic growth.
Re:U.S. GDP grew at a 4.9% annual pace in the third quarter,... by gruez on Thursday October 26, 2023 @10:15AM (#38025894)
>Adjusted by what? Official inflation figures. Look at official inflation and they restrict the measurement to items that are probably less than half of what the average person needs to buy.

Here's the basket that the bls uses for cpi: https://www.bls.gov/cpi/tables/relative-importance/2022.htm

What specific issues do you have with it?