Friday, February 26, 2010

Revised 2009Q4 US GDP

The increase in real GDP in the fourth quarter primarily reflected positive contributions from
private inventory investment, exports, personal consumption expenditures (PCE), and nonresidential
fixed investment. Imports, which are a subtraction in the calculation of GDP, increased.

The acceleration in real GDP in the fourth quarter primarily reflected an acceleration in private
inventory investment, an upturn in nonresidential fixed investment, a deceleration in imports, and an
acceleration in exports that were partly offset by decelerations in PCE and in federal government
spending.

No comments:

Post a Comment