November 3, 2009
Graph of the Day: Office, Mall and Lodging Investment, 1959-2009
From Calculated Risk:
Here is a graph of office, mall and lodging investment through Q3 2009 based on the underlying detail data released by the BEA … This graph shows investment in offices, lodging and malls as a percent of GDP. The recent boom in lodging investment has been stunning. Lodging investment peaked at 0.32% of GDP in Q2 2008 and has started to decline (0.21% in Q3 2009). I expect lodging investment to continue to decline through at least 2010, to perhaps one-third of the peak (investment as percent of GDP). …
Q3: Office, Mall and Lodging Investment
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