Dollars and Jens
Tuesday, December 22, 2009
3Q GDP has been revised down 1.3 points since two months ago. It's not one big thing; half of it is from "investment", with some of that from inventory adjustment and some of it from fixed investment. Every category except government spending has been revised in the same direction, though, and it adds up.
III 06IV 06I 07II 07III 07IV 07I 08II 08III 08IV 08I 09II 09III 09
Gross domestic product.
Nondurable goods.40.93.48-.13.33.27-.49.35-.94-.78.29-.29.23
Durable goods.
Change in private inventories-.13-1.08-.61.32.19-.63-.21-1.25.26-.64-2.36-1.42.69
Fixed investment-.86-.91-.43.59-.04-.66-.99-.41-1.30-3.28-6.62-1.68-.15
Net exports of goods and services-.711.94-.29.661.362.24.362.35-.10.452.641.65-.81
Government spending.


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