Wednesday, 30 July 2014

Chart of The Day: Share of U.S. GDP Growth By Component

Source: FRED

Explanation: of the US$675.5 billion (4.06%) increase in nominal GDP from Q2 2013 to Q2 2014, Personal Consumption growth made up 67.2%, Gross Private Investment 34.7%, Government Spending 2.8% while Net Exports contributed a negative 4.7% to this growth.