Q1 2019 GDP Details on Residential and Commercial Real Estate

The BEA has released the underlying details for the Q1 initial GDP report. The BEA reported that investment in non-residential structures decreased at a 0.8% annual pace in Q1. Investment in petroleum and natural gas exploration was mostly unchanged in Q1 compared to Q4, but has increased substantially over the last two years. Click on graph for larger image. The first graph shows investment in offices, malls and lodging as a percent of GDP. Investment in offices increased in Q1, and is up 7% year-over-year. Investment in multimerchandise shopping structures (malls) peaked in 2007......(read more)

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