Investment slowdown weakens OECD GDP growth in the third quarter of 2010
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12/01/11 - Real GDP in the OECD area grew by 0.6% in the third quarter of 2010, down from the 0.9% of the previous quarter. Capital formation contributed 0.2 percentage point to overall growth, down from the 0.5 percentage point recorded in the second quarter. Private consumption was the main contributor, adding 0.4 percentage point to overall growth; while stockbuilding contributed 0.3 percentage point. For the third consecutive quarter, net exports dragged down GDP growth (by 0.3 percentage point in the third quarter of 2010).