Question: Most important parts of GDP

D

Digs

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.
 
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