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Old 12-25-2021, 09:10 PM   #2
John Mercier
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The real GDP is measured by relieving inflation.

NH does poorly because it is not a high commodity state, and tourism... though spoken of... is not a high driving in the state economy.

A rich commodity state would see their GDP rise as the commodity is inflated beyond the median inflationary rate.

When the price of a 2x4x8 from the local mills declined from $8 down to less than $5... this helped to create the negative GDP even though the output of the lumber may have been higher. For this quarter, the 2x4x8 has reinflated... so the real GDP should adjust upward.
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