Q4 2019 GDP Details on Residential and Commercial Real Estate

The BEA has released the underlying details for the Q4 initial GDP report this morning. The BEA reported that investment in non-residential structures decreased at a 10.1% annual pace in Q4. Investment in petroleum and natural gas exploration decreased in Q4 compared to Q3, and was down 19% 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 decreased in Q4, but was up 3% year-over-year. Investment in multimerchandise shopping structures (malls) peaked in 2007 and was down about 32% ......(read more)

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