tag:blogger.com,1999:blog-27951078.post3065782006046717812..comments2024-02-02T05:45:33.724-06:00Comments on Incoming: John Phippshttp://www.blogger.com/profile/03245790061133614986noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-27951078.post-37689595118800464452011-12-31T15:39:10.446-06:002011-12-31T15:39:10.446-06:00anon:
Sure, especially with JD in DSM. But that ...anon:<br /><br />Sure, especially with JD in DSM. But that is counted as manufacturing not ag, in the same way we are not counted as part of the food processing or retail grocery industry numbers.<br /><br />The GSP refers to value added by each industry, not flow-through-dollars. The multiplier for an ag dollar is essentially the same as any other $, so it evens out.<br /><br />Our gross receipts are usually around 3x our contribution to GSP. But those same numbers for construction, manufacturing, etc. are about the same, since the gross profits fall somewhere in the 30% range on average. <br /><br />BEA works very hard to measure each industry with the same yardstick and they get to make the rules.John Phippshttps://www.blogger.com/profile/03245790061133614986noreply@blogger.comtag:blogger.com,1999:blog-27951078.post-9515841985727655662011-12-31T11:45:11.120-06:002011-12-31T11:45:11.120-06:00Any chance that the manufacturing bar has a lot of...Any chance that the manufacturing bar has a lot of Ag manufacturing in it?Anonymousnoreply@blogger.com