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- Non-Residential Investment: Still the Key
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After the Q4 GDP report was released, I wrote: Non-Residential Investment: The Key? The good economic news in the Q4 GDP report was that non-residential investment was still positive. Investment in non-residential structures increased at a very robust 15.8% annualized real rate. And investment in equipment and software increased at a more modest 3.8% annualized real rate. This non-residential investment is probably the key (along with consumer spending) on how weak the economy will be in 2008. …
Original Source: feeds.feedburner.com/CalculatedRisk
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30 April, 2008| housingblogs |
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