{"iri":"https://lexicon.financial/business/bea/ChainedDollarEstimate","label":"Chained-dollar estimate","definition":"A measure used to approximate the chained-type index level and is calculated by taking the current-dollar level of a series in the base period and multiplying it by the change in the chained-type quantity index number for the series since the base period . Chained-dollar estimates correctly show growth rates for a series, but are not additive in periods other than the base period .","license":"https://www.usa.gov/government-copyright","source":"bea","source_url":"https://www.bea.gov/help/glossary/chained-dollar-estimate"}