Monday, November 11, 2013

Q3 2013 GDP Details: Residential Investment increases, Commercial Investment very Low via Calculated Risk

The BEA released the underlying details for the Q3 advance GDP report Friday.

The first graph is for Residential investment (RI) components as a percent of GDP. According to the Bureau of Economic Analysis, RI includes new single family structures, multifamily structures, home improvement, Brokers’ commissions and other ownership transfer costs, and a few minor categories (dormitories, manufactured homes).

A few key points:

Read more...Calculated Risk: Q3 2013 GDP Details: Residential Investment increases, Commercial Investment very Low

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