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Regression for Nominal GDP growth
Dependent variable (+/- SE):
Nominal GDP growth
Constant-1.324 (+/- 0.284)
p = 0.00005***
Real GDP growth0.971 (+/- 0.013)
p = 0.000***
Real disposable income growth-1.169 (+/- 0.043)
p = 0.000***
Nominal disposable income growth1.116 (+/- 0.042)
p = 0.000***
Unemployment Rate0.331 (+/- 0.051)
p = 0.00000***
Observations40
R20.997
Adjusted R20.997
Residual Std. Error0.493 (df = 35)
F Statistic2,907.383*** (df = 4; 35)
Note:*p<0.1; **p<0.05; ***p<0.01