Dollars and Jens
Thursday, November 29, 2012
GDP was revised upward quite a bit, but slightly more than all of the boost came from a higher rate of inventory accumulation, which sometimes predicts lower GDP growth in later periods.
IV 08I 09II 09III 09IV 09I 10II 10III 10IV 10I 11II 11III 11IV 11I 12II 12III 12
Gross domestic product-8.9-5.3-.
Nondurable goods-.92-.05-.
Durable goods-2.12.11-.141.43-.
Change in private inventories-1.54-2.29-
Fixed investment-4.05-4.73-2.49-.32-.69-.101.58-.10.87-.141.391.751.
Net exports of goods and services-.122.452.47-.70-.05-.83-1.81-.951.
Government spending.35.371.94.79.23-.69.59-.06-.94-1.49-.16-.60-.43-.60-.14.67


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