Components of AD
Israel Aggregate Demand Indicators (1997-2017)
GDP
Consumer Confidence (From 2011)
Consumer Spending
Business Confidence
Government Spending
Balance of Trade
While there is variance in the data for each of these indicators, in general they seem to correlate roughly with GDP. This can be explained by the fact the all of them are factors of GDP affecting it at once.
What about balance of trade?
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