Investment was weak again in Q2, although personal consumption expenditures (PCE) was strong (increased at a 4.3% annual rate). The first graph below shows the contribution to GDP from residential investment, equipment and software, and nonresidential structures (3 quarter trailing average). This is important to follow because residential investment tends to lead the economy, equipment […]
source https://thebtrader.com/2019/07/26/q2-gdp-investment/?utm_source=rss&utm_medium=rss&utm_campaign=q2-gdp-investment
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