Q1 2018 GDP Details on Residential and Commercial Real Estate

The BEA has released the underlying details for the Q1 advance GDP report. The BEA reported that investment in non-residential structures increased at a 12.3% annual pace in Q1.  Investment in petroleum and natural gas exploration increased substantially recently, from a $55 billion annual rate in Q4 2016 to a $118 billion annual rate in Q1 2018 - but is still down from a recent peak of $165 billion in Q4 2014. Without the increase in petroleum and natural gas exploration, non-residential investment would be essentially unchanged year-over-year. Click on graph for......(read more)

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