Why US GDP is routinely mis-measured
ING THINK aloud - A podcast by ING
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Gross domestic product is a deeply flawed measure of economic growth. In fact, a new ING report claims that US GDP is consistently understated by 0.75% while inflation is overstated by 0.4%. In our new podcast, THINK Aloud, ING's Senior Editor Rebecca Byrne asks Chief Economist Mark Cliffe to explain what's going on and why it matters.
