Housing’s Share of GDP: 15.5% for the Second Quarter

Housing is an important source of economic growth. As of the second quarter of 2014, housing’s share of gross domestic product (GDP) was 15.5%, with home building and remodeling yielding 3.1 percentage points of that total. Housing-related activities contribute to GDP in two basic ways. The first is through residential fixed investment (RFI). RFI is effectively the measure of the home… Read More ›
from Home Services Blog http://eyeonhousing.org/2014/09/housings-share-of-gdp-15-5-for-the-second-quarter/

from Tumblr http://msalexandrakpierson.tumblr.com/post/98790488603

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