The GDP gets a recalculation

Marketplace All-in-One - A podcast by Marketplace

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Earlier this year, the commerce department estimated the U.S.’s GDP grew in the first quarter by the equivalent of 1.1% per year. But recently, they did a recount with more data. That estimate? Nearly double — the equivalent of 2% per year. We’ll talk about why the estimate increased, and what this could mean for inflation. Then, a check-in on state unemployment insurance agencies, which still don’t seem ready for a recession.