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Technology Stocks : Discuss Year 2000 Issues
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To: bearcub who wrote (8015)8/15/1999 12:58:00 PM
From: JBTFD  Read Replies (1) of 9818
 
<<Consumption spending represents about 56% of the GDP and is divided into three categories: durable goods (items expected to last more than three years), nondurable goods (food and clothing), and services.

Investment spending accounts for about 14% of the GDP and covers three categories: nonresidential (spending on plants and equipment), residential (single-family and multi-family homes), and the change in business inventories.

Government spending represents about 17% of the GDP, covering spending on defense, roads, schools, etc.>>

I may be wrong about who's doing all that consumption spending. Maybe its not consumers.

I really dont want to argue about it.
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