Tag Archive for ‘housing share of the economy’

Housing Share of GDP Rises in 3Q19

After declines for six consecutive quarters, the home building component of gross domestic product (GDP) increased during the third quarter of 2019. This gain was due to the housing rebound that has taken hold since the spring, with the pace of single-family permits rising since April and the rate of single-family starts increasing since May. The overall housing share of… Read More ›

Declines for Housing Share of GDP

With the release of the first estimate of third quarter 2018 GDP growth (a 3.5% annual growth rate), housing’s share of gross domestic product (GDP) fell slightly to 14.9%. The home building and remodeling component – residential fixed investment – also decreased slightly, falling to 3.25% Housing-related activities contribute to GDP in two basic ways. The first is through residential fixed investment (RFI). RFI is… Read More ›

Housing Share of GDP

With the release of the final estimate of fourth quarter 2017 GDP growth (a 2.5% annual growth rate), housing’s share of gross domestic product (GDP) rose slightly to 15.4%. The home building and remodeling component – residential fixed investment – also increased slightly, rising to 3.5%. Housing-related activities contribute to GDP in two basic ways. The first is through residential fixed investment (RFI). RFI is effectively the measure… Read More ›

Housing Share of GDP: Third Quarter 2017

With the release of the final estimate of third quarter 2017 GDP (a 3.2% annual growth rate), housing’s share of gross domestic product (GDP) declined slightly to 15.3%. However, the home building and remodeling component – residential fixed investment – held steady at 3.4%. Housing-related activities contribute to GDP in two basic ways. The first is through residential fixed investment (RFI). RFI is effectively the… Read More ›

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 ›

Residential Fixed Investment Reaches Near-Decade High

Final estimates of first quarter 2017 GDP growth (revised up two-tenths of a percentage point to 1.4%), show that housing’s share of gross domestic product (GDP) was unchanged at 15.6%. The home building and remodeling component—residential fixed investment (RFI)—increased 0.1 percentage point to 3.6% as a share of GDP.  The first-quarter expansion of RFI added 0.48 percentage point to the… Read More ›

Housing Provides Boost to GDP

Final estimates of fourth quarter 2016 GDP growth (revised up two-tenths of a percentage point to 2.1%), show that housing’s share of gross domestic product (GDP) was unchanged at 15.6%. The home building and remodeling component—residential fixed investment (RFI)—also held steady at 3.5% as a share of GDP. The fourth-quarter expansion of RFI added 0.35 percentage points to the headline… Read More ›

Housing Share of GDP Essentially Unchanged

With the release of the final estimates of third quarter 2016 GDP growth (revised up three-tenths to a 3.5% growth rate), housing’s share of gross domestic product (GDP) fell 0.1 percentage point to 15.6%. The home building and remodeling component—residential fixed investment—as a share of GDP held steady at 3.5%. Housing-related activities contribute to GDP in two basic ways. The… Read More ›

Housing Share of GDP: Housing Services Offsets Slight RFI Decline

With the release of the final estimates of second quarter 2016 GDP growth (revised up three-tenths to a 1.4% growth rate), housing’s share of gross domestic product (GDP) held steady at 15.7%. The home building and remodeling component—residential fixed investment—as a share of GDP declined slightly to 3.5%. Housing-related activities contribute to GDP in two basic ways. The first is… Read More ›

Housing Share of GDP Expands

With the release of the final estimates of first quarter 2016 GDP growth (revised up two-tenths to a 1.1% growth rate), housing’s share of gross domestic product (GDP) ticked up slightly to 15.4%.  The home building and remodeling component – residential fixed investment – as a share of GDP expanded to 3.4%. Housing-related activities contribute to GDP in two basic… Read More ›