During a pandemic GDP is being negatively impacted by healthcare? How ironic is that?
Elective procedures placed on hold because of COVID 19?
Not enough patients to generate income growth?
Page 8, LINE 17
bea.gov/system/files/2020-04/gdp1q20_ad ... _adv_0.pdf
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Almost HALF of GDP 1Q decline attributed to healthcare?
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ant
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DWill
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Re: Almost HALF of GDP 1Q decline attributed to healthcare?
The link didn't work for me, but I wanted to check what seems a remarkable and unlikely statistic. Can you check on this further, ant? I wonder what "attributed" means in this context. I saw from a source that healthcare spending declined by 2.3%, but that of course wouldn't account for half of the 4.8% decline of GDP.ant wrote:During a pandemic GDP is being negatively impacted by healthcare? How ironic is that?
Elective procedures placed on hold because of COVID 19?
Not enough patients to generate income growth?
Page 8, LINE 17
bea.gov/system/files/2020-04/gdp1q20_ad ... _adv_0.pdf
https://www.marketwatch.com/story/gdp-s ... 2020-04-29
Last edited by DWill on Thu Apr 30, 2020 7:16 am, edited 1 time in total.
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ant
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Re: Almost HALF of GDP 1Q decline attributed to healthcare?
The link is the US Bureau of Economic Analysis Department of Commerce
Go to "Full Release Tables" then the page and line I indicated
https://www.bea.gov/news/2020/gross-dom ... e-estimate
Related Materials
Full Release and Tables
It's there
Page 8 Line 1
Gross Domestic Product 2020 Q1 MINUS -4.8
Go to "Full Release Tables" then the page and line I indicated
https://www.bea.gov/news/2020/gross-dom ... e-estimate
Related Materials
Full Release and Tables
It's there
Page 8 Line 1
Gross Domestic Product 2020 Q1 MINUS -4.8
Last edited by ant on Thu Apr 30, 2020 10:04 am, edited 3 times in total.
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DWill
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Re: Almost HALF of GDP 1Q decline attributed to healthcare?
Well, maybe somebody else can try. I can't get into the document you're referring to. I cannot understand how healthcare declining 2.3% or a similar amount can cause half the drop in GDP in the first quarter.ant wrote:The link is the US Bureau of Economic Analysis Department of Commerce
Go to "Full Release Tables" then the page and line I indicated
https://www.bea.gov/news/2020/gross-dom ... e-estimate
Related Materials
Full Release and Tables
It's there
Page 8 Line 1
Gross Domestic Product 2020 Q1 MINUS -4.8
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ant
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- BookTalk.org Hall of Fame
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