Posts Tagged ‘GDP’

US Federal Investments as a Percentage of GDP is Lessening with Time

January 21, 2015

Federal Investment as a share of GDP

The US federal government’s investments as a percentage of GDP is decreasing over time. This decrease is observed for both Defense and Non-Defense related things like roads, education and R&D.

–Source: The New York Times


Hong Kong’s GDP as a Percentage of Mainland China Greatly Diminished

September 29, 2014

In 1997, Hong Kong’s GDP as a percentage of the Mainland Chinese GDP was 18%, but has decreased fifteen percent over the past fifteen years, to 3% today.


Real US GDP Shrank in First Quarter of 2014

May 29, 2014

The real US GDP growth rate declined this quarter and is now at -1%, the first quarter of negative growth since 2011. Nominal GDP is up 11.7 billion, to $17.1 trillion. Click the chart to see our detailed GDP report.

–data from the St. Louis Federal Reserve

Third Quarter Real Annual GDP Growth Up 2%

October 26, 2012

Real GDP also increased, by $67.7 billion to $13.6 trillion. Nominal GDP increased $190 billion in the third quarter to $15.8 trillion. This is an increase of 1.2%. Influencing this increase were gains in personal expenditures and private investment. The value of exports and imports both fell, but exports fell less leading to a trade deficit decline. Federal spending fell slightly across all sectors, but state and local spending grew $1.3 billion, causing an overall increase in government expenditures and investment.

For more information, see our GDP report.

–From the St. Louis Federal Reserve and the Bureau of Economic Analysis

Corporate Profits as % of GDP

October 15, 2012

From Michael at “Power Line Is Wrong”, hard to refute the evidence that corporate America has figured out how to make money even though America hasn’t figured out how to be sustainable.

Graph shows US corporate profits as % of US GDP.


GDP and Trash Production Indicate Downturn Ahead

August 24, 2012

This graph shows the relationship between rail carloads of trash and GDP. It’s not a leading indicator, but seems to be a coincident indicator if not slightly trailing. The trash data includes all garbage–demolitions, home trash, industrial garbage, and most other waste. The great advantage is that rail car data comes out weekly, while GDP comes out one month after the quarter ends, so there is a substantial lag.

As can clearly be seen in the rail data, the change in trash loads has dropped nearly 30% with a similar degree of severity as the 2008 recession, which fell more than 40% at its peak. If this is any indication, the 2nd quarter GDP figures may be down.


Real US GDP Increased 2.2% Annual Rate in Q1

April 27, 2012

US GDP increased at a 2.2% annual rate in the first quarter of 2012. Nominal GDP increased $142.4 billion and Real GDP increased $73.4 billion. Personal consumption expenditures increased $68.1 billion, private domestic investment increased $27.3 billion, and government expenditures rose $20.4 billion. Mitigating these rises were a trade deficit increase of $37.3 billion and a continued slow of government investment which has slowed or decreased across all its forms–even defense investment has plateaued.

For more information see our GDP Report.

–from the Bureau of Economic Analysis, the St. Louis Federal Reserve, and CalculatedRisk

GDP Increased at Annual Rate of 3% in Fourth Quarter of 2011

February 29, 2012

US GDP increased at an annual rate of 3% according to the BEA’s 2nd 4th quarter GDP estimate. Nominal GDP is at $15.3 trillion and real GDP is at $13.4 trillion. Contributing to the increase is a rise in gross private domestic investment, personal consumption expenditures, and state and local gross investment. The rise was mitigated by an increased trade deficit and less federal spending both defense and non-defense. It appears that, at least for now, the private sector is capable of offsetting relatively flat federal spending.

For more information, see our GDP report.

–From the St. Louis Federal Reserve and the Bureau of Economic Analysis

Federal Taxes Minus Spending

February 22, 2012

This map shows which states pay the most in taxes and which states receive the most between 1990-2009 as a percentage of 2009 GDP. Delaware paid in the most relatively at twice its 2009 GDP.  Mississippi, West Virginia, and New Mexico all received more than 200% of their GDP in payments from the federal government.

-From the Economist

Trade Deficit Jumped 3.7% in December 2011

February 10, 2012

The US trade deficit increased $1.7 billion (3.7%) in December to -$48.8 billion. This is surprising, given the details from our major trade partners. Imports from China declined $4 billion (10.8%) to $32.8 billion while exports to China decreased by a much smaller $230 million to $9.7 billion. Imports from Canada increased $284.3 million to $26.5 billion while exports decreased $567.9 million to $22.7 billion. In other words, our biggest trading partners had an enormous decrease combined, yet the deficit still increased. The biggest percent change came from exports to Japan, which droped $655.9 million, or 10.8%, to $5.4 billion.

–From the St. Louis Federal Reserve and the Bureau of Economic Analysis