Fixed asset investment increased 2.2 percent yoy in July, lowering the YTD cumulative growth rate to 5.5 percent.
The spike in real estate investment helped lift private fixed asset investment 10.8 percent in July and raised the cumulative growth rate to 8.8 percent.
SOE investment tumbled 5.8 percent in July. It is only up a cumulative 1.5 percent YTD through July.
Friday: Personal Income and Outlays, PCE Prices, Fed Chair Powell
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All US markets will be closed in observance of *Good Friday*.
[image: Mortgage Rates] Note: Mortgage rates are from MortgageNewsDaily.com
and are for top t...
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