Dollars and Jens
Thursday, February 28, 2008
 
GDP
The intermediate report for Q4 GDP is out.
Q1Q2Q3Q4
.6% 3.8% 4.9% .6%
Consumption 2.56 1.002.011.32
Inventories-.65 .22 .89 -1.49
Fixed investment-.70.49 -.11 -.53
Net Exports-.511.32 1.38 .90
Government Spending-.09 .79 .74 .43
Cf. the advanced report. Every component came in weaker this time except for net exports, which were revised significantly upward. If it weren't for the trade improvement, real GDP would have shrunk.


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