What are they ? I found this lot, what else would you categorise a a must view of the GDP calc ?? Real Nonresidential Investment - is this capital expenditure ??? Real Personal Consumption Expenditures - Consumer spending, I assume Real Private Fixed Investment - dunno Real Private Residential Fixed Investment - Invest in Residential houses Final Sales - ???
the consumer accounts for 72% of the US GDP. This has been increasing over time. i suspect imports will increase its %, but still won't be major (at 12% now). When the consumer shuts down, as is just starting now, the US is screwed. And then China, etc.