# Prof. Kim Schoenholtz explains the recent GDP revisions by the BEA

1 Faculty News July 31, 2013 ![](/sites/default/files/styles/246w/public/assets/images/con_030601.jpg?itok=GeJte3i1)>

Excerpt from [Bloomberg Businessweek](http://www.businessweek.com/articles/2013-07-31/gdp-growth-beats-expectations-remains-soft#rshare=email_article) -- "'People ask if this is exaggerating GDP, and the answer is precisely no,' says [Kim Schoenholtz](http://www.stern.nyu.edu/faculty/bio/kim-schoenholtz), director of the Center for Global Economy and Business at New York University’s Stern School of Business. 'What you’re seeing is just a better reading on the state of the economy. Our measurement science is improving.'”
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Read more](http://www.businessweek.com/articles/2013-07-31/gdp-growth-beats-expectations-remains-soft#rshare=email_article)