Q3 2019 GDP Details on Residential and Commercial Real Estate

The BEA has released the underlying details for the Q3 initial GDP report. The BEA reported that investment in non-residential structures decreased at a 15.3% annual pace in Q3. Investment in petroleum and natural gas exploration decreased in Q3 compared to Q2, and was down 16% year-over-year. 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 Q3, and is up 6% year-over-year. Investment in multimerchandise shopping structures (malls) peaked in 2007 and was down about 37%......(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/329prU4
via IFTTT