Figure 2
Preliminary data show no signs of an investment boom from the TCJA: Year-over-year change in real, nonresidential fixed investment, 2000Q1–2018Q1
| Quarter | Year-over-year change |
|---|---|
| 2000-I | 9.7 |
| 2000-II | 10.2 |
| 2000-III | 8.4 |
| 2000-IV | 8.2 |
| 2001-I | 3.7 |
| 2001-II | -1.8 |
| 2001-III | -4.1 |
| 2001-IV | -7.1 |
| 2002-I | -8.2 |
| 2002-II | -7.4 |
| 2002-III | -6.7 |
| 2002-IV | -5.1 |
| 2003-I | -2.9 |
| 2003-II | 0.8 |
| 2003-III | 3.5 |
| 2003-IV | 6.2 |
| 2004-I | 4.8 |
| 2004-II | 4.6 |
| 2004-III | 5.3 |
| 2004-IV | 6 |
| 2005-I | 8.6 |
| 2005-II | 7.7 |
| 2005-III | 6.8 |
| 2005-IV | 5 |
| 2006-I | 7.5 |
| 2006-II | 7.3 |
| 2006-III | 6.7 |
| 2006-IV | 6.9 |
| 2007-I | 4.9 |
| 2007-II | 5.6 |
| 2007-III | 6 |
| 2007-IV | 7.1 |
| 2008-I | 5.3 |
| 2008-II | 2.7 |
| 2008-III | -1.6 |
| 2008-IV | -8.9 |
| 2009-I | -15.5 |
| 2009-II | -17.7 |
| 2009-III | -16.5 |
| 2009-IV | -12.2 |
| 2010-I | -4.3 |
| 2010-II | 1.5 |
| 2010-III | 4.9 |
| 2010-IV | 8.1 |
| 2011-I | 6.8 |
| 2011-II | 6.1 |
| 2011-III | 8.7 |
| 2011-IV | 9 |
| 2012-I | 12.4 |
| 2012-II | 12.1 |
| 2012-III | 6.7 |
| 2012-IV | 5.2 |
| 2013-I | 3.5 |
| 2013-II | 2.3 |
| 2013-III | 3.4 |
| 2013-IV | 4.8 |
| 2014-I | 5.3 |
| 2014-II | 7 |
| 2014-III | 9.1 |
| 2014-IV | 6.1 |
| 2015-I | 4.8 |
| 2015-II | 3.2 |
| 2015-III | 1.1 |
| 2015-IV | 0.3 |
| 2016-I | -1.2 |
| 2016-II | -1.1 |
| 2016-III | -0.7 |
| 2016-IV | 0.7 |
| 2017-I | 3.5 |
| 2017-II | 4.3 |
| 2017-III | 4.6 |
| 2017-IV | 6.3 |
| 2018-1 | 6.8 |
Source: EPI analysis of data from table 1.1.3 from the National Income and Product Accounts (NIPA) from the Bureau of Economic Analysis (BEA).
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