Bianco Research
• Charts of the Week
• September 23, 2022
The chart below breaks down GDP into its four main components – personal consumption, government spending, private investment and net imports/exports. As of June 30, personal consumption accounted for 68% of GDP. While not shown on the chart, this category is largely dominated by services rather than goods.
Interestingly, personal consumption continues to make up a larger portion of GDP as time progresses. Prior to the 1990s it typically only made up 60% of GDP.
The chart below breaks down GDP into its four main components – personal consumption, government spending, private investment and net imports/exports. As of June 30, personal consumption accounted for 68% of GDP. While not shown on the chart, this category is largely dominated by services rather than goods.
Interestingly, personal consumption continues to make up a larger portion of GDP as time progresses. Prior to the 1990s it typically only made up 60% of GDP.