Dollars and Jens
Thursday, August 27, 2009
The GDP report for the second quarter was revised today:
II 06III 06IV 06I 07II 07III 07IV 07I 08II 08III 08IV 08I 09II 09
Gross domestic product1.
Nondurable goods.
Durable goods-.
Change in private inventories.22-.13-1.08-.61.32.19-.63-.21-1.25.26-.64-2.36-1.39
Fixed investment-.32-.86-.91-.43.59-.04-.66-.99-.41-1.30-3.28-6.62-1.81
Net exports of goods and services.02-.711.94-.29.661.362.24.362.35-.10.452.641.60
Government spending.
The faster write-off of inventories was, I believe, expected, but the trade and government spending numbers offset it, so the headline number is the same as was reported a month ago.


Powered by Blogger