HOUSING INVESTMENT
Residential
Fixed Investment and Gross Domestic Product*
Residential Fixed Investment (RFI) for the first quarter of 2002 was at a seasonally adjusted annual rate of
$466.0 billion, 3 percent above the value of the fourth quarter of 2001 and 7 percent above the first quarter of
2001. As a percentage of the Gross Domestic Product, RFI was 4.5 percent, 0.1 percentage point above the
previous quarter and 0.2 percentage point above a year ago.
|
Latest
Quarter
|
Previous
Quarter
|
Same Quarter
Previous
Year
|
% Change
From Previous
Quarter
|
% Change
From
Last Year
|
GDP
|
10,431.3
|
10,263.3
|
10,141.7
|
+ 2
|
+ 3
|
RFI
|
466.0
|
450.4
|
437.0
|
+ 3
|
+ 7
|
RFI/GDP (%)
|
4.5
|
4.4
|
4.3
|
+ 2
|
+ 5
|
*Billions of dollars.
Source: Bureau of Economic Analysis, Department of Commerce
|
|