Dollars and Jens
Friday, April 30, 2010
The GDP report. Final sales are still weak; an actual increase in inventories for the first time in years increased the headline number.
I 07II 07III 07IV 07I 08II 08III 08IV 08I 09II 09III 09IV 09I 10
Gross domestic product1.
Nondurable goods.48-.13.33.27-.49.35-.94-.78.29-.
Durable goods.
Change in private inventories-.61.32.19-.63-.21-1.25.26-.64-2.36-1.42.693.791.57
Fixed investment-.43.59-.04-.66-.99-.41-1.30-3.28-6.62-1.68-.15.61.10
Net exports of goods and services-.29.661.362.24.362.35-.10.452.641.65-.81.27-.61
Government spending.

Update: I'm still looking for commentary on the net exports statistic. Note that domestic consumption is fairly strong for the latest quarter; the net export number comprises an increase in exports, but an even bigger increase in imports.


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