Is Another Health-Care Spending Shakeup Coming for U.S. GDP?

September 8, 2014 5:40 PM

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Is Another Health-Care Spending Shakeup Coming for U.S. GDP?

GDP could get shaken up this week by the far more obscure abbreviation QSS.

The Commerce Department’s Quarterly Services Survey estimates revenues at service-providing companies. It keeps a fairly low profile in the world of economic indicators, but plays an important role in the calculation of gross domestic product because it provides hard data on services spending.

Also read: FCC Raises Fresh Concerns Over ‘Zero-Rating’ by AT&T, Verizon

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