The U.S. Bureau of Labor Statistics uses geometric weighting and hedonics to understate inflation.
All of which suggests that Wall Street's optimists may understate the impact of weaker home prices on spending.
But it paints a grim picture of the scale of protecting the 1,400-mile-long reef, and may severely understate the cost of doing so.
Standard &Poor’s, a rating agency, reckons that dividends in America could fall by about a quarter this year—the steepest drop since 1938. Even this may understate the decline.
understate one's losses,eg of money,troops
She refuses on principle to understate her income for taxation purposes.
The result is that official statistics overstate the true size of America's and others' deficit with China, while Chinese statistics understate its surplus.
understate the number of deaths
The government chooses deliberately to understate the increase in prices.
But that is to understate the problem, because what is really going on here is a clash of cultures.
These figures may understate actual price declines.
To call this a security hole is to understate the point woefully.
The All-China Women's Federation (ACWF) report on the conditions of children left behind by parents working away from home paints a grim picture that we cannot afford to understate.
The data on operational expenses (USD 200 million) seems to understate the true costs, given the size of the portal.
The inflation numbers probably understate the degree of overheating.
Factory managers understate their potential output.
It would be a mistake to understate the seriousness of the problem.
In China, however, even this would understate the true stimulus, because some public-infrastructure investment will be done by state-owned firms or local governments and financed by Banks.
We may be looking at long-term, double-digit unemployment with official unemployment figures that understate the extent of the problem.
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