This Great Graphic comes from the Center for Economic and Policy Research. It shows residential investment in the US as a percentage of GDP.
For our purposes here, what counts is the change in the change in residential investment. The key take away is that the headwind from housing is waning. It may not be much of a tail wind, but the absence of the head wind is significant in the road to recovery.
Great Graphic: Residential Investment Not A Drag on GDP
Reviewed by Marc Chandler
on
November 28, 2012
Rating:
Reviewed by Marc Chandler
on
November 28, 2012
Rating:
