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housing share of gdp

  • Macroeconomics

Housing’s Share of GDP Falls in the Third Quarter of 2024

Jesse WadeOctober 30, 2024October 30, 2024

Housing’s share of the economy fell 0.1 percentage points to 16.2% in the third quarter of 2024 according to the advance estimate of GDP produced by the Bureau of Economic Analysis. The share was revised upwards for both the first and second quarter of 2024…

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  • Macroeconomics

Housing Share of GDP Remains Above 16% Despite Marginal Declines in Residential Investment

Jesse WadeJuly 25, 2024July 25, 2024

Housing’s share of the economy stayed level at 16.1% in the second quarter of 2024. The share remained above 16% after staying constant at 15.9% for all of 2023. The more cyclical home building and remodeling component – residential fixed investment (RFI) – was 4.0%…

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