While the first quarter of 2014 was the fourth strongest level of RFI after the Great Recession ($482 billion annualized pace), the slowing of the rate of growth for home building was a drag on quarterly GDP growth.
While the first quarter of 2014 was the fourth strongest level of RFI after the Great Recession ($482 billion annualized pace), the slowing of the rate of growth for home building was a drag on quarterly GDP growth.