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.
Friday, February 26, 2010
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment