[TSP_Strategy] Real GDP and % Changes in GDP

 

Real Gross Domestic Product and Contributions to Percent Change in Real GDP (Seasonally Adjusted Quarterly Data - Annualized)

Chart of the Week for December 11, 2015 - December 17, 2015

The Bureau of Economic Analysis ("BEA") reports historical quarterly gross domestic product (GDP) statistics by industry sectors. The aim of the statistics is to help measure industry contributions to GDP and identify emerging trends.

The chart above shows the GDP contribution breakdown for the past two years. GDP growth has been generally positive with the exception of the first quarter of 2014 when GDP decreased by 0.9%. Over the two year period, private services producing industries (such as utilities, finance, and professional and business services), have generally been the biggest contributor to GDP. Private goods producing industries (such as agriculture, construction, and manufacturing), have been the second largest contributor. Government has generally been a negative contributor over the period, reflecting a reduction in government spending and employment at the federal, state, and local levels.

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