U.S. Economy Grew 2% in Q1 as Housing Investment Slumped
Gross domestic product expanded 2% in Q1, powered by federal spending and business investment, while residential investment fell for the fifth quarter in a row.
Latest real estate news and analysis tagged with residential construction on realestatenews.news.
Gross domestic product expanded 2% in Q1, powered by federal spending and business investment, while residential investment fell for the fifth quarter in a row.
NAHB data shows remodelers have expanded their share of the residential construction industry, with more firms and jobs and continued positive sentiment.