Go to article >>

Real estate and rental and leasing; mining; and durable goods manufacturing were the leading contributors to the increase in U.S. economic growth in the first quarter of 2017. According to gross domestic product (GDP) by industry statistics released by the Bureau of Economic Analysis, 13 of 22 industry groups contributed to the overall 1.4 percent increase in real GDP in the first quarter.

For the real estate and rental and leasing industry group, real value added—a measure of an industry’s contribution to GDP—increased 2.7 percent in the first quarter, after increasing 0.9 percent in the fourth quarter. This was the twelfth consecutive quarter of growth and primarily reflected increases in housing, as well as rental and leasing services and


From the U.S. Bureau of Economic Analysis


Privacy Policy | Terms of Use | Communication Policy | Copyright © 2018 HARDI - Heating Air-conditioning & Refrigeration Distributors International. All rights reserved.