GDP = C + I + G + (x - m) Where: - **C** = Consumer spending - **I** = Investments (business capital spending) - **G** = Government spending - **x** = Exports - **m** = Imports GDP is a country income, ignore business to business activity What matter most is real fixed private investment. This is where you get factories, tools, computers, machinery, AI, and all other forms of technology and productivity-enhancing devices, software, etc. It’s the source of real wage growth, medical advancements, better quality of life, higher standards of living, ect... Source: In the US the Bureau of economic analysis (BEA) publishes an avanced release of quartely GDP **4 weeks after the quarter end**. And a final release **3 month after the quarter end** The BEA headline represent real GDP levels and real GDP growth. Nominal GDP is also included in the BEA report under the name "current dollard"