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Home Publications Graphic Economics Change in Residential Construction Following Largest Recent Recessions
Change in Residential Construction Following Largest Recent Recessions Print
January 28, 2011

Investment growth weakened in the fourth quarter, growing at just a 4.4 percent annual rate. Most of the slowdown was attributable to less investment in equipment and software. This component increased at just a 5.8 percent annual rate after increasing at nearly a 20 percent rate over the prior four quarters. The biggest factor in the slowdown was a sharp drop in investment in transportation equipment. This will likely be reversed in future quarters.

gdp-2011-01-ge

Read the full GDP Byte.