Q1 2015 GDP Details on Residential and Commercial Real Estate

The BEA released the underlying details for the Q1 advance GDP report today. Yesterday, the BEA reported that investment in non-residential structures decreased at a 23.1% annual rate in Q1. All of the decline could be attributed to less petroleum exploration and less investment in electrical. Both declined at a 50% annual rate in Q1. There was some weakness in lodging investment, but that might be weather related. Excluding petroleum and electrical, non-residential investment in structures was unchanged in Q1. Click on graph for larger image. The first graph shows investment in......(read more)

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