Transcribed
Contributions to GDP growth, United States.
A1.1 Contributions to GDP growth, United States Personal consumption Government consumption Net exports of goods and services GDP change, year on year Fixed investment GDP change, quarter on quarter Change in inventories Percentage points 10- 5- 0. -5- -10- Q1 0ะท Q1 Q3 Q1 Q3 Q1 Q3 2009 2010 2011 2012 Source: US Department of Commerce. Bureau of Economic Analysis. http://www. bea.gov (accessed 7 March 2013).
Contributions to GDP growth, United States.
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--- Recent developments in
major industrial economies : United States ---
GDP growth dropped to just 0.1% at a seasonally adjusted annualized rate in Q4 2012, after showing an increase of 3.1% in the ...
third quarter. The slowdown in the last quarter mainly reflected falls in inventory investment and federal government spending on defense. The declining inventory investment suggests that businesses are still reluctant to hold stocks and expand production in an uncertain environment. On the positive side, private consumer spending remained strong throughout 2012, and fixed investment picked up in the end.
Although export growth slowed in 2012 from the previous year, it outpaced import growth. Despite the slowdown in the final quarter, GDP increased by 2.2% for the year, higher than the 1.8% increase in 2011 (Figure A1.1).
--- Source: US Department of Commerce. Bureau of Economic Analysis. http://www.
bea.gov (accessed 7 March 2013).
Source
http://www. bea.govCategory
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