Wise Economic Decision Making
Coaching Tip
JANUARY 16, 2011
In 2005, housing accounted for 6.1 percentage points from GDP, based on the average of 2010's first three quarters. Source: Bloomberg BusinessWeek, January 17, 2011. Not too long ago, housing was the workhorse of the U.S. economy before the end of the real estate boom. percent of economic activity in the U.S.
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