I am new to this forum
I was on the Yahoo Economic Calendar, and other financial reporting sites, for the US GDP Q1 2009 final they state the GDP is -5.5% (as seen here: http://biz.yahoo.com/c/ec/200926.html
When i went to the Bureau of Economic Analysis website to confirm this, the GDP change from previous period for Q1 2009shows -6.4% and Q2 is -1.0%. This seems to conflict with whats posted on Yahoo's site. Am I looking at possibly the wrong table??
It might be possible that the BEA site uses a different calculation, but i want to find out how numbers posted on Yahoo Economic Calendar are computed as this seems to be the number used widely in the financial industry.
Can someone provide me formula of how the GDP Q1 2009 final -5.5% was calculated??