Chained dollars is a method of adjusting real dollar amounts for inflation over time, to allow the comparison of figures from different years.[1] The U.S. Department of Commerce introduced the chained-dollar measure in 1996. It generally reflects dollar figures computed with 2012 as the base year.[2]
- ^ Mark McCracken, "Definition of Chained dollars". TeachMeFinance.com. Accessed 2009.05.11.
- ^ Note the BEA using 2012 chained dollars https://www.bea.gov/news/2021/personal-income-and-outlays-november-2021
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