Declines for Housing Share of GDP

With the release of the first estimate of third quarter 2018 GDP growth (a 3.5% annual growth rate), housing's share of gross domestic product (GDP) fell slightly to 14.9%. The home building and remodeling component – residential fixed investment – also decreased slightly, falling to 3.25% Housing-related activities contribute to GDP in two basic ways. The first is through residential fixed investment (RFI). RFI is... Read More ›...(read more)

Forward this article via email:  Send a copy of this story to someone you know that may want to read it.

from Around The Web https://ift.tt/2EK0CaJ
via IFTTT