Friday, April 27, 2012

Some GDP Details Q1 2012

We have added some details on the recent GDP results. Above shows a close up of the unchained.
The above details the amounts by sector.
The above shows Government spending. Note the drop in non-defense. Defense still is half the amount! Frankly one could halve Defense and still have a strong base.
 The above are the HH breakouts. There is a rise as we shall see below.
The above is the percent changes. Note the rise in all elements except housing. The spending seems to indicate some assurance that we will be better but not just yet.