U.S. GDP revised upwards to 4.4% and real GDP to 4.9% influenced by consumer spending, government spending, exports, nonresidential fixed investment, and residential fixed investments. People love to spend and that does encourage economic growth. However, what one truly wants to see is rising income and improved exports as an indication that we are producing value and exporting it in such a way that fosters wealth for the average American (Ultimate societal stakeholders 💁.)
Notice the upward swing in GDP and in what categories. There is also increase in income Because things are more connected with post covid adaptations there are likely more transactional activities that lead to value and wealth. I might call this a platform because it impacts basic infrastructure but others might use another term. Digital GDP
Gross Domestic Product, Fourth Quarter and Year 2023 (Third Estimate), GDP by Industry, and Corporate Profits
 |
| Source |
 |
| Source |
No comments:
Post a Comment