If I bought the computer at BestBuy, how exactly do you think that isn't in the PCE?
If you used it as a deductible expense in a business, one of the most common ways of reducing and evading income taxes by those who also engage in under-the-counter cash payments,(e.g. self-employed & small businesses as well as employees of companies receiving a PC from a company) ,
It was removed from PCE. All such declared business expenses are removed from the NIPA accounting for PCE to assure that product is only counted once in PCE (i.e. retail sales only)
It was removed from PCE. All such declared business expenses are removed from the NIPA accounting for PCE to assure that product is only counted once in PCE (i.e. retail sales only)Do you have some evidence the BEA is adjusting the PCE using IRS data or are you just making the assumption?