CHART OF THE DAY: A Complete Breakdown Of U.S. GDP Growth In One Beautiful Chart

The Bureau of Economic Analysis reported today that Q3 GDP ticked upward to 2.0 percent, after clocking in at 1.3 percent in Q2.

But that headline number gives only limited amount of information.

Here’s a more detailed breakdown from today’s BEA report. It could have been worse:

  • Personal consumption improved to 2.0 percent in the third quarter, compared with 1.5 percent in Q2
  • Investment fell to 0.5 percent, compared with 0.7 percent in Q2
  • Net exports declined to -1.7 percent in the third quarter, compared with 2.5 percent in Q2
  • Federal spending jumped to 3.7 percent, compared with -0.7 percent in Q2.
gdp illustrated advisor perspectives

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: