Q1 2020 GDP Details on Residential and Commercial Real Estate

The BEA has released the underlying details for the Q1 initial GDP report this morning. The BEA reported that investment in non-residential structures decreased at a 9.7% annual pace in Q1. Investment in petroleum and natural gas exploration decreased in Q1 compared to Q4, and was down 24% year-over-year.  This will probably collapse in Q2. 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 Q1, but was only down slightly year-over-year. Investment in multimerchandise shopping ......(read more)

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