Nonresidential Investment Declines 4.8% in Q1, Dragging Down U.S. Economic Expansion
Business Tools
On: May 04, 2021 | By:
The U.S. economy expanded at a 6.4% annualized rate during the first quarter of 2021. However, investment in nonresidential structures declined at a 4.8% rate for the quarter, according to analysis conducted by Associated Builders and Contractors of data released by the Bureau of Economic Analysis.
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