Figure B
Data still shows no signs of an investment boom from the TCJA: Year-over-year change in real, nonresidential fixed investment, 2000Q1-2018Q2
| nonresidential fixed investment | |
|---|---|
| 2000Q1 | 9.95% |
| 2000Q2 | 10.45% |
| 2000Q3 | 8.54% |
| 2000Q4 | 8.47% |
| 2001Q1 | 3.70% |
| 2001Q2 | -1.52% |
| 2001Q3 | -3.73% |
| 2001Q4 | -6.85% |
| 2002Q1 | -8.27% |
| 2002Q2 | -7.38% |
| 2002Q3 | -6.58% |
| 2002Q4 | -5.11% |
| 2003Q1 | -2.29% |
| 2003Q2 | 1.55% |
| 2003Q3 | 4.04% |
| 2003Q4 | 6.79% |
| 2004Q1 | 5.21% |
| 2004Q2 | 4.94% |
| 2004Q3 | 5.70% |
| 2004Q4 | 6.53% |
| 2005Q1 | 9.16% |
| 2005Q2 | 8.21% |
| 2005Q3 | 7.40% |
| 2005Q4 | 6.05% |
| 2006Q1 | 8.04% |
| 2006Q2 | 8.18% |
| 2006Q3 | 7.79% |
| 2006Q4 | 8.10% |
| 2007Q1 | 6.47% |
| 2007Q2 | 6.97% |
| 2007Q3 | 6.81% |
| 2007Q4 | 7.32% |
| 2008Q1 | 5.84% |
| 2008Q2 | 3.75% |
| 2008Q3 | 0.24% |
| 2008Q4 | -7.03% |
| 2009Q1 | -14.37% |
| 2009Q2 | -17.14% |
| 2009Q3 | -16.06% |
| 2009Q4 | -10.28% |
| 2010Q1 | -2.28% |
| 2010Q2 | 4.08% |
| 2010Q3 | 7.53% |
| 2010Q4 | 8.89% |
| 2011Q1 | 7.99% |
| 2011Q2 | 7.27% |
| 2011Q3 | 9.33% |
| 2011Q4 | 9.98% |
| 2012Q1 | 12.95% |
| 2012Q2 | 12.57% |
| 2012Q3 | 7.18% |
| 2012Q4 | 5.65% |
| 2013Q1 | 4.34% |
| 2013Q2 | 2.33% |
| 2013Q3 | 4.42% |
| 2013Q4 | 5.41% |
| 2014Q1 | 5.45% |
| 2014Q2 | 7.61% |
| 2014Q3 | 8.02% |
| 2014Q4 | 6.38% |
| 2015Q1 | 4.52% |
| 2015Q2 | 2.66% |
| 2015Q3 | 0.82% |
| 2015Q4 | -0.67% |
| 2016Q1 | -0.53% |
| 2016Q2 | -0.09% |
| 2016Q3 | 0.76% |
| 2016Q4 | 1.77% |
| 2017Q1 | 4.44% |
| 2017Q2 | 5.31% |
| 2017Q3 | 5.02% |
| 2017Q4 | 6.27% |
| 2018Q1 | 6.74% |
| 2018Q2 | 6.74% |
Source: EPI analysis of data from table 1.1.6 from the National Income and Product Accounts (NIPA) from the Bureau of Economic Analysis (BEA).