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.
April 19th COVID Update: Weekly Deaths Decreased
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[image: Mortgage Rates]Note: Mortgage rates are from MortgageNewsDaily.com
and are for top tier scenarios.
*It is likely that we will see pandemic lows for...
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