Monday, October 31, 2011
The above chart simply shows last quarter GDP growth rate and the component parts of the GDP equation that contributed to growth. PCEs were strong as was gross private domestic investment. Also consider that inventory adjustments subtracted a full percentage point from the above total; had that number printed a "0" we would have seen growth of 3.5%.
Posted by Hale Stewart at 10/31/2011 02:30:00 PM