Graph of the Day: Residential Investment, New Single Family Structures, 1959-2009

From Calculated Risk:

As everyone knows, investment in single family structures has fallen off a cliff. This is the component of RI that gets all the media attention – although usually from stories about single family starts and new home sales. … Home improvement is at 1.15% of GDP, off the high of 1.30% in Q4 2005 – but still above the average of the last 50 years of 1.07%. This would seem to suggest there remains significant downside risk to home improvement spending. …

Residential Investment Components