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Gross private domestic investment drags down 2022 Q2 GDP

Patrick Russo -

While gross private domestic investment was strong in 2022 Q1, a draw-down in inventories and decline in residential investment led to gross private domestic to fall in Q2. Despite strong exports, GDP fell by 0.6% (SAAR).

Contributions to Percent Change in Real GDPGross private domestic investment drags down 2022 Q2 GDP■PCE■Exports■Imports■Government expenditures and gross investment■Gross private domestic investment2022-Q12022-Q2-3-2-10121.20.7-0.551.9-2.7-0.49-0.51-0.330.93-2.7Source:U.S. Bureau of Economic Analysis ; data uploaded by Patrick Russo ▲ Chart Authors:Created With:openAxis