Real GDP year over year takes out any seasonal’s.
(Alternatively, quarterly numbers can be seasonally adjusted)
iPhone sales, for example, can ‘distort’ the same quarter each year…
;)
Real GDP year over year takes out any seasonal’s.
(Alternatively, quarterly numbers can be seasonally adjusted)
iPhone sales, for example, can ‘distort’ the same quarter each year…
;)
MBA: Mortgage Applications decrease 7% in Latest Weekly Survey
The 4-week average of the purchase index has fallen since early May, and the 4-week average of the purchase index is now down about 3% from a year ago.