Private Investment: The Critical Aspect Of GDP


by Cato Institute on Sep 8, 2014 | Views: 216 | Score: 0
Sources: object.cato.org
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Cato Institute
Cato Institute on Sep 5, 2014 4:03 PM said:

Private investment is the most important contributor to GDP growth in our economy. A statistical analysis from the Bureau of Economic Analysis found that GDP growth and investment were closely linked, with a correlation value of .843. More than government spending or consumption, the state of private investment provides us with the strongest indicator of our economic future.