Dr. Eddie Casey:

I will add that some things not really related to what might be considered real expenditure, in the sense of whether we are adding more services and supports to the economy, would not be reflected in that number perfectly. This is because we will have things like interest costs having fallen over a period, as well as payments on unemployment, which might have fallen too simply because the economy is doing a lot better. This is something to watch for when we look at these measures.