Definition: Fixed Investment spending
accounts for about 14% of the GDP and covers two
1. nonresidential investment (spending on plants and equipment)
2. residential investment (single-family and multi-family homes)
Fixed investment is a flow that represents the change in the stock of installed capital in the economy.
Related Indicators: A related concept is that of the change in inventories in the GDP accounts that measures the change in the stock of unsold goods.
Source: Department of Commerce, Bureau of Economic Analysis,. NIPA dataset.
Frequency: Quarterly, revised monthly. The investment for a given quarter is released together with the GDP figures in the first month following a quarter as the "advance estimate". The "preliminary estimate" is published in the second month, followed by the "revised" estimate in the third month.
Availability: Three to four weeks
following the reported quarter
Timing: Leading indicator
Likely Impact on Financial Markets on:
Graphs of the latest non-residential and residential investment data from The Economic Statistics Briefing Room of the White House
A table with the most recent non-residential investment data; another one with data on residential investment and a summary table on the GDP and its components.
You can see Investment charts with theEconomic Chart Dispenser
You can create customized consumption charts with the Economic
Chart Maker Tip: type "INVESTMENT" in the Label section of the
form and choose the transformation of the data you are interested in.
An analysis of the 1997-Q-3 GDP report from First Union
of the 1997-Q3 GDP report from Morgan Stanley's Stephen Roach
An Analysis of the 1997-Q2 GDP report from Morgan Stanley's Stephen Roach