Year/Year Changes in Real GDP vs. Real Proprietors Income

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Year/Year Changes in Real GDP vs. Real Proprietors Income

The first quarter GDP showed that the economy is growing, but that was compared to the fourth quarter. How is GDP changing on a year-to-year comparison? The GDP data are about the whole economy, but how is small business doing? Dr. Joe explains how a rarely reported part of the quarterly GDP data helps us judge the health of small businesses.

Published: May 3, 2010

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