Quick Tip: How to Build Your Own GDP Forecast
GDP = C + I + G + (X – M) The change in GDP is just the change in the components. Consumption is about 70% of the equation, Investment 16%, Government 20% and Exports – Imports -4% With weigthings the equation looks like this after dropping Exports and Imports as having little effect: GDP Read more about Quick Tip: How to Build Your Own GDP Forecast[…]