From the advance launch:
Determine 1: Quarter on quarter change in nonresidential funding ex-structures (blue bar), nonresidential buildings ex-manufacturing buildings (tan bar), and manufacturing buildings (inexperienced bar), in bn.2012$ SAAR. NBER outlined peak-to-trough recession dates shaded grey. Supply: BEA 2023Q2 advance, Desk 5.4.6U, NBER, and creator’s calculations.
Nonresidential buildings funding progress accounted for 0.2ppts of Q2 progress (SAAR).