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.