Dollars and Jens
Thursday, April 28, 2011
I 08II 08III 08IV 08I 09II 09III 09IV 09I 10II 10III 10IV 10I 11
Gross domestic product-.7.6-4.0-6.8-4.9-.
Nondurable goods-.50.31-.91-.78.06-.
Durable goods-.92-.23-.95-1.79.35-.211.35-.
Change in private inventories-.49-.48-.12-2.31-1.09-
Fixed investment-.98-.69-1.83-4.01-5.71-1.26.12-.12.392.
Net exports of goods and services.841.04-.631.502.881.47-1.371.90-.31-3.50-1.703.27-.08
Government spending.44.651.04.31-.611.24.33-.28-.32.80.79-.34-1.09

Not a good report, but the hope is that the drop-off is temporary, driven by weather in January and February; there is some initial indication that the economy picked up again in March. (If that's true, it may even show up in revisions to today's release, as sometimes not all of the last month's data make it to the advanced report.)


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