US GDP Q4 2023 Update. - Part 2

https://sg-stock.blogspot.com/2024/02/us-gdp-q4-2023-update.html

The US Q4 2023 had been revised from 3.2% to 3.4%.

Let's take a look at what had changed.

1st previous Q4 2023:

Q4GDP Growth (3.3) = 0.56 (G)+0.38 (I)+1.91 (C)+0.43 (NE) = 3.28(3.3)

2nd previous Q4 2023:

Q4GDP Growth (3.2) = 0.73 (G)+0.17 (I)+2 (C)+0.32 (NE) = 3.22(3.2)

Current Q4 2023:

Q4GDP Growth (3.4) = 0.79 (G)+0.15 (I)+2.2 (C)+0.25 (NE) = 3.39(3.4)

We can see that the latest Q4 2023 GDP has the following changes:

1. Government spending had increased.

2. Investment had decreased.

3. Consumption had increased.

4. Net export had decreased.