US GDP/Consumption Low Due to High Prices

http://www.940news.com/nouvelles.php?cat=22&id=43070

Within the article, it states that the USA has had surges of price increases within the energy section of the economy especially in oils. The price of electricity, oil and other aspects of electricity have gotten more expensive over the last few months, reducing the amount of money left for consumers to consume, invest, etc. These higher prices have led to the lowest amount of consumption increase, in years at only 0.3% compared to last years 0.7%. The high prices not only lower consumption only, they lower GDP as a whole. GDP which is the measure of total consumption within a country is measure by 4 aspects, consumption, investments, government spendings and net exports. The high prices of energy, would leave less money for the citizens to spend on either consumption and investment, reducing two major portions of a countries GDP, lowering it as a whole. Consumption in the USA is measure to be about 2/3 of the total GDP as stated in the article. If consumption continues to decrease, as many analysts predict, the country may go into a recession, however, that is not likely as long as prices lower, and consumption/investment rises again.