Economy | Business | Nation

Dow's 'Record Highs' Misleading Without Including Inflation

NPR | March 7, 2013 8:49 a.m.

Contributed By:

Adam Davidson, Melissa Block

The Dow Jones Industrial Average closed at a record high Tuesday, but only if you look at the Dow in non-inflation-adjusted terms. Adam Davidson of the Planet Money team tells Melissa Block that the Dow is of almost no value as a measure of U.S. economic activity.

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