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The GDP monster: Always under revision
NBC News Clone summarizes the latest on: The Gdp Monster Always Under Revision 117814339549 - Breaking News | NBC News Clone. This article is rewritten and presented in a simplified tone for a better reader experience.
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The Gross Domestic Product, or GDP, is constantly being revived. That‘s because counting all the goods and services sold in the country can be a challenging and overwhelming task. Usually, the government issues at least three versions of the GDP, but last year, the figure was revised all the way back to 1929. Watch this video, reported with CNBC’s Jeff Cox to learn why.Feb. 27, 2014