Housing Share of GDP: Fourth Quarter of 2015

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With the release of the final estimates of fourth quarter 2015 GDP (a 1.4% annual growth rate), housing’s share of gross domestic product (GDP) was effectively unchanged at 15.30%. However, the home building and remodeling component – residential fixed investment – expanded for the fifth consecutive quarter to 3.32% of total GDP. Housing-related activities contribute to GDP in two basic ways. The first is through… Read More ›

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