Dollars and Jens
Friday, December 31, 2010
 
GDP
I was busy last week, and missed the update of the BEA's measure of third quarter GDP. A slight weakening of final sales was offset by an upward revision to inventory accumulation.
III 07IV 07I 08II 08III 08IV 08I 09II 09III 09IV 09I 10II 10III 10
Gross domestic product2.32.9-.7.6-4.0-6.8-4.9-.71.65.03.71.72.6
Services.62.71.88.00-.59.30-.75-.79-.21.27.03.75.74
Nondurable goods.27.07-.50.31-.91-.78.06-.11.27.49.67.31.39
Durable goods.31.20-.92-.23-.95-1.79.35-.211.35-.07.62.49.54
Change in private inventories-.28-.77-.49-.48-.12-2.31-1.09-1.031.102.832.64.821.61
Fixed investment-.18-.76-.98-.69-1.83-4.01-5.71-1.26.12-.12.392.06.18
Net exports of goods and services.873.21.841.04-.631.502.881.47-1.371.90-.31-3.50-1.70
Government spending.66.24.44.651.04.31-.611.24.33-.28-.32.80.79

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