Traveling again today, so this is all you'll get until later this evening / tomorrow from EconomPic....
In response to my post on the breakdown of GDP by decade, reader DIY Investor comments:
It would be interesting if the investment portion could be broken out between housing and other and be done on an annual basis for the 00s. There may be some pent up demand building on the part of business investment which could bode well for the stock market. My best guess is that the numbers are dominated by the housing crisis.The chart of investment, both nonresidential (structures and equipment / software) and residential below....
At least that's my take.
Some results that I found interesting:
- The residential boom doesn't look so large as compared to previous cycles, though the collapse is rather epic (and will only get worse)
- Investment in structures has been flat going on 20+ years (outsourcing?)
- After the (telecom) investment bubble in the late 90's / early 00's, equipment and software investment is at a 50 year low (the potential that there is pent up demand for new investment)