PDF GDP (Nominal & Real) - Yardeni Research

US Economic Indicators: GDP (Nominal & Real)

Yardeni Research, Inc.

October 27, 2022

Dr. Edward Yardeni

516-972-7683 eyardeni@

Debbie Johnson

480-664-1333 djohnson@

Mali Quintana

480-664-1333 aquintana@

Please visit our sites at blog.

thinking outside the box

Table Of Contents Table Of Contents

GDP Levels: Nominal & Real GDP Growth Rates: Nominal & Real GDP ex-Government GDP & GNP GDP Components Equipment & Intellectual Property Real US Consumer Spending Real Capital Spending Net Exports Exports & Imports Real Government Contributions to GDP Growth Ratios

3 4 5 6-7 8 9 10 11-14 15 16-17 18 19-21 22-24

October 27, 2022 / GDP (Nominal & Real)

Yardeni Research, Inc.



GDP Levels: Nominal & Real

Figure 1.

36.2

30.2 US NOMINAL GDP 24.2 (trillions dollars, saar, ratio scale)

Latest (25.7)

36.2

30.2

Q3

24.2

18.2

18.2

12.2

12.2

6.2

6.2



.2

.2

48 50 52 54 56 58 60 62 64 66 68 70 72 74 76 78 80 82 84 86 88 90 92 94 96 98 00 02 04 06 08 10 12 14 16 18 20 22 24 26

Source: Bureau of Economic Analysis.

Figure 2.

22.8

19.8

US REAL GDP

(trillion dollars, saar, ratio scale)

16.8

13.8

10.8

7.8

Latest (20.0)

22.8

Q3

19.8

16.8

13.8

10.8

7.8



4.8

4.8

11 45 10 39 8 2410

106 11 36 16 58 61216 92

8

120

8 73 18

113

1.8

1.8

48 50 52 54 56 58 60 62 64 66 68 70 72 74 76 78 80 82 84 86 88 90 92 94 96 98 00 02 04 06 08 10 12 14 16 18 20 22 24 26

Note: Shaded areas denote recessions according to the National Bureau of Economic Research. Numbers in red (black) are months of recessions (expansions). Source: Bureau of Economic Analysis.

Page 3 / October 27, 2022 / GDP (Nominal & Real)

Yardeni Research, Inc.



GDP Growth Rates: Nominal & Real

Figure 3.

25

US NOMINAL GDP (yearly percent change)

25 Latest (9.0)

20

20

15

15

10

10

Q3

5

5

0

0

-5

-5



-10

-10

48 50 52 54 56 58 60 62 64 66 68 70 72 74 76 78 80 82 84 86 88 90 92 94 96 98 00 02 04 06 08 10 12 14 16 18 20 22 24 26

Note: Shaded areas are recessions according to the National Bureau of Economic Research. Source: Bureau of Economic Analysis.

Figure 4.

.5

.5

NET EXPORTS OF GOODS & SERVICES IN REAL GDP (trillion 2012 dollars, saar)

.0

.0

-.5

-.5

-1.0

-1.0

Q3



-1.5

-1.5

90 91 92 93 94 95 96 97 98 99 00 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24

Note: Shaded areas are recessions according to the National Bureau of Economic Research. Source: US Department of Commerce, Bureau of Economic Analysis.

Page 4 / October 27, 2022 / GDP (Nominal & Real)

Yardeni Research, Inc.



GDP ex-Government

Figure 5.

22.5

REAL GDP WITH & WITHOUT GOVERNMENT SPENDING (trillion 2012 dollars, saar)

20.0

22.5

Q3

20.0

17.5

17.5

15.0

Real GDP

15.0

Real GDP excluding

12.5

Total Government Spending

12.5

10.0

10.0

7.5

7.5

5.0

5.0

2.5

2.5



.0

.0

48 50 52 54 56 58 60 62 64 66 68 70 72 74 76 78 80 82 84 86 88 90 92 94 96 98 00 02 04 06 08 10 12 14 16 18 20 22 24 26

Source: US Department of Commerce, Bureau of Economic Analysis.

Figure 6.

US REAL GDP WITH & WITHOUT GOVERNMENT SPENDING

16 (yearly percent change)

16

13

13

10

10

7

7

4

4

Q3

1

1

-2

-2

-5

Real GDP (1.8)

-5

Real GDP excluding

-8

Total Government Spending (2.3)

-8

-11

-14 2009 2010 2011 2012 2013

Source: Bureau of Economic Analysis.

2014

2015

2016

2017

2018

2019

2020

2021

-11

-14

2022 2023

Page 5 / October 27, 2022 / GDP (Nominal & Real)

Yardeni Research, Inc.



 ................
................

In order to avoid copyright disputes, this page is only a partial summary.

Google Online Preview   Download