Residential Fixed Investment Slows in Second Quarter


The final estimate of second quarter 2017 GDP growth (revised up two-tenths of a percentage point to 1.4%), shows that housing’s share of gross domestic product (GDP) declined from 15.6% to 15.5%. Likewise, the home building and remodeling component—residential fixed investment (RFI)—fell 0.1 percentage point to 3.5% as a share of GDP.  The slower second-quarter growth of RFI subtracted 0.3 percentage point… Read More ›

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