Wednesday, April 29, 2009

GDP Overview

The Bureau of Economic Analysis has just released the GDP numbers. They are presented in a summary manner here.


















Note the continued drop. The recession is sustaining itself. We will present the velocity of money calculations shortly as well. This will be the concern for the potential of inflation which we are still concerned about.

The percent change is shown in the following:



















Surprisingly the percent change did not increase. That may be a hopeful sign.

The three major elements are shown below.



















The details of all elements of the GDP Services are presented here: