Awesome Chart Shows Everything Going On With GDP Since 2007
Doug Short of Advisor Perspectives put up his nifty chart breaking down how various components contributed to the latest revised GDP Q4 estimate from the BEA, which printed at +0.1 percent.
Here's the quick recap:
- Personal consumption expenditures increased 2.1 percent, compared with an increase of 1.6 percent in Q3.
- Fixed investment increased 9.7 percent, compared with a decrease of -1.8 percent in Q3.
- Exports decreased -3.9 percent compared with an increase of 1.9 percent in Q3. Imports decreased -4.5 percent, compared with a decrease of -0.6 percent in the previous quarter.
- Federal spending decreased -14.8 percent, compared with +9.5 percent in Q3.
And now, Doug's chart: