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Re: jumanji0881 post# 9478

Wednesday, 06/26/2013 12:36:25 PM

Wednesday, June 26, 2013 12:36:25 PM

Post# of 37921
But wait, GDP will be revised: http://money.cnn.com/2013/06/26/news/economy/gdp-revisions/index.html?iid=HP_LN

My comment: This is where they will count the amount of money firms would like to contribute to their pensions plans, not what they actually contribute.


Excerpt:
The numbers could change again next month. The Commerce Department is planning a complete overhaul of its GDP data, going back to 1929. That process, which is known as the "comprehensive revision," only happens every four to six years.
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