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progree

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31. The GDP numbers are deflated by the "GDP Deflator". I don't know the difference between

Fri Feb 20, 2026, 09:04 PM

22 hrs ago

that and inflation numbers like the CPI and the PCE (today's/this thread's other report)

ETA - there was a sub-thread on this somewhere, the deflator is for domestic production only since GDP is for domestic production only /ETA

The "real" in real GDP and other government reports is their terminology for inflation-adjusted

Google: "what does the "real" in real GDP mean?"

Anyway, the nominal dollar increase in Q4 was an annualized 5.1%
https://bea.gov/news/2026/gdp-advance-estimate-4th-quarter-and-year-2025

Real GDP and Related Measures
[Percent change (SAAR) from 2025 Q3 to Q4]

Real GDP 1.4
Current-dollar GDP 5.1
Gross domestic purchases price index 3.7

SAAR means seasonally-adjusted annual rate

https://bea.gov/data/gdp/gross-domestic-product
which points to:
https://bea.gov/news/2026/gdp-advance-estimate-4th-quarter-and-year-2025

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The GDP numbers are deflated by the "GDP Deflator". I don't know the difference between progree 22 hrs ago #31