So, I still see charter on this so its time to post this graph again. Even after a significant downward revision to investment in Equipment and Software we can see that the US is still on an investment tear. The recent slowdown takes us to levels that still beat anything since the dot-com boom and the peak of the recent surge was bigger than the dot-com boom.

FRED Graph

 

Same chart but for residential investment

FRED Graph

This actually understates the collapse in building since remodeling has stayed fair strong.

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