Housing Share of GDP: First Quarter 2018

With the release of the final estimate of first quarter 2018 GDP growth (2% growth rate), housing's share of gross domestic product (GDP) declined slightly to 15.3%. The home building and remodeling component – residential fixed investment – held steady at 3.5%. Housing-related activities contribute to GDP in two basic ways. The first is through residential fixed investment (RFI). RFI is effectively the... Read More ›...(read more)

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