| Dependent variable (+/- SE): | |
| Nominal GDP growth | |
| Constant | -1.324 (+/- 0.284) |
| p = 0.00005*** | |
| Real GDP growth | 0.971 (+/- 0.013) |
| p = 0.000*** | |
| Real disposable income growth | -1.169 (+/- 0.043) |
| p = 0.000*** | |
| Nominal disposable income growth | 1.116 (+/- 0.042) |
| p = 0.000*** | |
| Unemployment Rate | 0.331 (+/- 0.051) |
| p = 0.00000*** | |
| Observations | 40 |
| R2 | 0.997 |
| Adjusted R2 | 0.997 |
| Residual Std. Error | 0.493 (df = 35) |
| F Statistic | 2,907.383*** (df = 4; 35) |
| Note: | *p<0.1; **p<0.05; ***p<0.01 |