Q2 2018 GDP Details on Residential and Commercial Real Estate

The BEA has released the underlying details for the Q2 advance GDP report. The BEA reported that investment in non-residential structures increased at a 13.3% annual pace in Q2.  Investment in petroleum and natural gas exploration increased substantially recently, from a $63 billion annual rate in Q4 2016 to a $140 billion annual rate in Q2 2018 - but is still down from a recent peak of $192 billion in Q4 2014. Without the increase in petroleum and natural gas exploration, non-residential investment would only be up about 3% year-over-year. Click on graph for larger ......(read more)

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