Q2 2015 GDP Details on Residential and Commercial Real Estate

The BEA released the underlying details for the Q2 advance GDP report today. Last Thursday, the BEA reported that investment in non-residential structures decreased slightly in Q2. The decline was due to less investment in petroleum exploration. Investment in petroleum and natural gas exploration declined from a $112.5 billion annual rate in Q1 to a $81.1 billion annual rate in Q2. Excluding petroleum, non-residential investment in structures increased at a 6.8% annual rate in Q2 (solid growth). Click on graph for larger image. The first graph shows investment in offices, malls and......(read more)

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