Contributions to GDP growth

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gdpcontribution07iv.JPG

Final sales, especially for durable goods, appear to be stalling out. That's not a good sign. If we weren't waiting for the other shoe to drop on housing and the financial markets, this might be regarded as a decent GDP report. But consumption is likely to contract in the current quarter. The question is, how much?

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Great chart. If I'm interpreting it right, you can't find total GDP on the chart. Be nice to have a line showing that on the chart. Did you do it in Excel?

Yes, I did in Excel (in a hurry). There probably is a way to put a line showing the actual growth rate--which is the difference between the amount on the positive side and the amount on the negative side. The St. Louis Fed does one of these too.

http://research.stlouisfed.org/publications/net/20071201/netpub.pdf
(go to page 6).

James Hamilton has done something similar without stacking them.
http://www.econbrowser.com/archives/2007/11/new_gdp_figures.html


I think the stacking (like the St. Louis Fed does) gives it an interesting visualization.

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This page contains a single entry by William Polley published on November 30, 2007 9:13 AM.

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