Has GDP Increased?

Retail and wholesale trade industries led the increase in private inventory investment. The largest contributor to retail was inventory investment by automobile dealers. Increases in both products and services contributed to the increase in exports. Consumer products, industrial supplies and materials, and foods, feeds, and beverages were the biggest contributions to the growth in goods […]

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What Is A Variance Inflation Factor?

In regression analysis, the variance inflation factor (VIF) reveals multicollinearity. When there is a correlation between predictors (i.e. independent variables) in a model, it is known as multicollinearity, and its existence might have a negative impact on your regression findings. The VIF calculates how much multicollinearity in the model has inflated the variance of a […]

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