The Bonddad Blog
Still nerdy after all these years
Friday, July 30, 2010
2Q GDP Gross Private Domestic Investment
Let's continue looking at GDP by looking in more detail at the investment component.
Total gross private domestic investment has been increasing at a strong pace for the past three quarters.
Investment is non-residential structures increased a bit last quarter
And businesses moved a ton of money into equipment and software investment. This category of investment continues to increase at a strong pace.
Residential investment kicked up last quarter as well.