The trend toward knowledge investments and away from traditional investments in fixed assets such as equipment and structures continued in the 1Q in the US. Investment in intangible property products now account 4.1% of GDP....
There is a new innovation boom playing out in the United States that has many positive implications for US equities. In July 2013, the BEA began including investment in intellectual property in National Income and Product Accounts. As part of this benchmark revision, the BEA...
As was widely reported yesterday, 3Q GDP growth was the strongest since 9/30/2003. However, less widely reported was the fact the intellectual property products contributed the most to real GDP in 32 quarters (9/30/2006). Fixed investment overall contributed 121 basis points to real GDP....
The final revision for 3Q GDP surprised to the upside this morning as real GDP increased at an annualized rate of 4.1%. This is just the second time that real GDP has grown at a +4% clip in a quarter in the post-2008 recovery....
