Visualizing GDP: Q3 Second Estimate Boost from Private Inventories
From dshort.com - Advisor Perspectives
November 29, 2012 - 1:01pm
Nov 29, 2012 Doug Short Note from dshort: The charts in this commentary have been updated to include the Q3 2012 Second Estimate The chart below is my way to visualize real GDP change since 2007. I've used a stacked column chart to segment the four major components of GDP with a dashed line overlay to show the sum of the four, which is real GDP itself. The improvement in today's 2.7% Second Estimate over the 2.0% Advance Estimate is largely attributable to a substantial change in private inventories of the Gross Private Domestic Investment component of GDP.More...
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