HOUSING INVESTMENT
Residential
Fixed Investment and Gross Domestic Product*
Residential Fixed Investment (RFI) for the third quarter of 2002 was at a seasonally adjusted annual rate of
$468.4 billion, unchanged from the value from the second quarter of 2002 but 5 percent above the third quarter
of 2001. As a percentage of the gross domestic product (GDP), RFI was 4.5 percent, unchanged from the previous
quarter but 0.1 percentage point above a year ago.
|
Latest
Quarter
|
Previous
Quarter
|
Same Quarter
Previous
Year
|
% Change
From Previous
Quarter
|
% Change
From
Last Year
|
GDP
|
10,486.1
|
10,376.9
|
10,097.7
|
+ 1
|
+
4
|
RFI
|
468.4
|
468.7
|
447.4
|
|
+
5
|
RFI/GDP (%)
|
4.5
|
4.5
|
4.4
|
|
+ 2
|
*Billions of dollars.
Source: Bureau of Economic Analysis, Department of Commerce
|
|