U.S. business fixed investment growth

Projected real growth in business fixed investment.

United States · %92 extracted figures6 institutions3 comparable groups

Revisions on this metric

53 on record
2026-02-01CBO 2025 Q3 · Quarterly SAAR1.9633.179
2026-02-01CBO 2025 Q4 · Quarterly SAAR0.8382.228
2026-02-01CBO 2025 full year · Annual growth4.0434.09
2026-02-01CBO 2026 Q1 · Quarterly SAAR3.43.332
2026-02-01CBO 2026 Q2 · Quarterly SAAR3.4653.815
2026-02-01CBO 2026 Q3 · Quarterly SAAR3.4354.156
2026-02-01CBO 2026 Q4 · Quarterly SAAR3.4094.15
2026-02-01CBO 2026 full year · Annual growth2.8953.592
2026-02-01CBO 2027 Q1 · Quarterly SAAR3.2893.714
2026-02-01CBO 2027 Q2 · Quarterly SAAR2.8893.405
2026-02-01CBO 2027 Q3 · Quarterly SAAR2.7733.277
2026-02-01CBO 2027 Q4 · Quarterly SAAR2.3333.295
2026-02-01CBO 2027 full year · Annual growth3.1393.716
2026-02-01CBO 2028 Q1 · Quarterly SAAR1.8463.021
2026-02-01CBO 2028 Q2 · Quarterly SAAR1.6112.672
2026-02-01CBO 2028 Q3 · Quarterly SAAR1.522.527
2026-02-01CBO 2028 Q4 · Quarterly SAAR1.5072.553
2026-02-01CBO 2028 full year · Annual growth2.0092.97
2025-09-01CBO 2025 Q3 · Quarterly SAAR2.2591.963
2025-09-01CBO 2025 Q4 · Quarterly SAAR2.7070.838
2025-09-01CBO 2025 full year · Annual growth2.5934.043
2025-09-01CBO 2026 Q1 · Quarterly SAAR2.2873.4
2025-09-01CBO 2026 Q2 · Quarterly SAAR2.7983.465
2025-09-01CBO 2026 Q3 · Quarterly SAAR2.9643.435
2025-09-01CBO 2026 Q4 · Quarterly SAAR2.9783.409
2025-09-01CBO 2026 full year · Annual growth2.5812.895
2025-09-01CBO 2027 Q1 · Quarterly SAAR2.6413.289
2025-09-01CBO 2027 Q2 · Quarterly SAAR2.9772.889
2025-09-01CBO 2027 Q3 · Quarterly SAAR2.7232.773
2025-09-01CBO 2027 Q4 · Quarterly SAAR2.682.333
2025-09-01CBO 2027 full year · Annual growth2.833.139
2025-09-01CBO 2028 Q1 · Quarterly SAAR2.4461.846
2025-09-01CBO 2028 Q2 · Quarterly SAAR2.3381.611
2025-09-01CBO 2028 Q3 · Quarterly SAAR2.1561.52
2025-09-01CBO 2028 Q4 · Quarterly SAAR2.1171.507
2025-09-01CBO 2028 full year · Annual growth2.4792.009
2025-01-01CBO 2024 Q4 · Quarterly SAAR2.5570.118
2025-01-01CBO 2024 full year · Annual growth2.1893.778
2025-01-01CBO 2025 Q1 · Quarterly SAAR2.3054.019
2025-01-01CBO 2025 Q2 · Quarterly SAAR3.2262.191
2025-01-01CBO 2025 Q3 · Quarterly SAAR3.3162.259
2025-01-01CBO 2025 Q4 · Quarterly SAAR3.2732.707
2025-01-01CBO 2025 full year · Annual growth2.6892.593
2025-01-01CBO 2026 Q1 · Quarterly SAAR2.5742.287
2025-01-01CBO 2026 Q2 · Quarterly SAAR3.4962.798
2025-01-01CBO 2026 Q3 · Quarterly SAAR3.6662.964
2025-01-01CBO 2026 Q4 · Quarterly SAAR3.8962.978
2025-01-01CBO 2026 full year · Annual growth3.2312.581
2025-01-01CBO 2027 Q1 · Quarterly SAAR3.3212.641
2025-01-01CBO 2027 Q2 · Quarterly SAAR3.6882.977
2025-01-01CBO 2027 Q3 · Quarterly SAAR3.6832.723
2025-01-01CBO 2027 Q4 · Quarterly SAAR3.4762.68
2025-01-01CBO 2027 full year · Annual growth3.6062.83

2026 Q4 · Quarterly SAAR

4 institutions
Forecasts by report dateUnited States
2.98%4.56%5.80%CONSENSUSFEB 24MAY 25JUL 26Wells Fargo · 4.3% · 2026-07-30RBC · 4.0% · 2026-07-13Fannie Mae · 5.8% · 2026-07-10CBO · 4.15 · 2026-02-01CBO · 3.409 · 2025-09-01CBO · 2.978 · 2025-01-01CBO · 3.896 · 2024-02-01CBO 3.896

EmphasisedOther institutionsConsensus

InstitutionPeriodReportedForecast
Wells Fargo2026 Q4“Business Fixed Investment | 2026 4Q | 4.3” — U.S. Economic Forecast table · 2026 Q4 · source ↗2026-07-304.3%
RBC2026 Q4“Non-Residential Investment | 2026 Q4 | 4.0” — U.S. Forecast Detail · 2026 Q4 · source ↗2026-07-134.0%
Fannie Mae2026 Q4“Business Fixed Investment | 26.4 | 5.8” — Economic Forecast table · 2026 Q4 · source ↗2026-07-105.8%
CBO2026 Q4“2026q4,real_nonres_fixed_invest_pct_change,4.15,projected” — economic_projections/quarterly_2026-02.csv, real_nonres_fixed_invest_pct_change · source ↗2026-02-014.15
CBO2026 Q4“2026q4,real_nonres_fixed_invest_pct_change,3.409,projected” — economic_projections/quarterly_2025-09.csv, real_nonres_fixed_invest_pct_change · source ↗2025-09-013.409
CBO2026 Q4“2026q4,real_nonres_fixed_invest_pct_change,2.978,projected” — economic_projections/quarterly_2025-01.csv, real_nonres_fixed_invest_pct_change · source ↗2025-01-012.978
CBO2026 Q4“2026q4,real_nonres_fixed_invest_pct_change,3.896,projected” — economic_projections/quarterly_2024-02.csv, real_nonres_fixed_invest_pct_change · source ↗2024-02-013.896
Readout
Consensus
4.56%
Spread
+1.80%
Low
4.00%
High
5.80%
Reporting
4
Basis
Quarterly SAAR

2026 full year · Annual growth

2 institutions
Forecasts by report dateUnited States
2.58%4.85%6.10%CONSENSUSFEB 24APR 25JUL 26Deloitte · 6.1% · 2026-07-01CBO · 3.592 · 2026-02-01CBO · 2.895 · 2025-09-01CBO · 2.581 · 2025-01-01CBO · 3.231 · 2024-02-01CBO 3.231

EmphasisedOther institutionsConsensus

InstitutionPeriodReportedForecast
Deloitte2026 full year“Indeed, we have revised our outlook for fixed business investment growthto 6.1% in 2026, up from the 4% in our previous forecast.” — Baseline section · source ↗2026-07-016.1%
CBO2026 full year“2026,real_nonres_fixed_invest_pct_change,3.592,projected” — economic_projections/calendar_2026-02.csv, real_nonres_fixed_invest_pct_change · source ↗2026-02-013.592
CBO2026 full year“2026,real_nonres_fixed_invest_pct_change,2.895,projected” — economic_projections/calendar_2025-09.csv, real_nonres_fixed_invest_pct_change · source ↗2025-09-012.895
CBO2026 full year“2026,real_nonres_fixed_invest_pct_change,2.581,projected” — economic_projections/calendar_2025-01.csv, real_nonres_fixed_invest_pct_change · source ↗2025-01-012.581
CBO2026 full year“2026,real_nonres_fixed_invest_pct_change,3.231,projected” — economic_projections/calendar_2024-02.csv, real_nonres_fixed_invest_pct_change · source ↗2024-02-013.231
Readout
Consensus
4.85%
Spread
+2.51%
Low
3.59%
High
6.10%
Reporting
2
Basis
Annual growth

2025 full year · Annual growth

2 institutions
Forecasts by report dateUnited States
2.59%3.54%4.09%CONSENSUSFEB 24JAN 25FEB 26CBO · 4.09 · 2026-02-01CBO · 4.043 · 2025-09-01J.P. Morgan · 3% · 2025-02-28CBO · 2.593 · 2025-01-01CBO · 2.689 · 2024-02-01CBO 2.689

EmphasisedOther institutionsConsensus

InstitutionPeriodReportedForecast
CBO2025 full year“2025,real_nonres_fixed_invest_pct_change,4.09,projected” — economic_projections/calendar_2026-02.csv, real_nonres_fixed_invest_pct_change · source ↗2026-02-014.09
CBO2025 full year“2025,real_nonres_fixed_invest_pct_change,4.043,projected” — economic_projections/calendar_2025-09.csv, real_nonres_fixed_invest_pct_change · source ↗2025-09-014.043
J.P. Morgan2025 full year“Other signs point to an economy that’s in good shape. For instance, U.S. business and residential investment are both projected to increase around 3% despite elevated long-term interest rates.” — Section “What’s the US growth outlook?”, paragraph beginning “Other signs point to an economy” · source ↗2025-02-283%
CBO2025 full year“2025,real_nonres_fixed_invest_pct_change,2.593,projected” — economic_projections/calendar_2025-01.csv, real_nonres_fixed_invest_pct_change · source ↗2025-01-012.593
CBO2025 full year“2025,real_nonres_fixed_invest_pct_change,2.689,projected” — economic_projections/calendar_2024-02.csv, real_nonres_fixed_invest_pct_change · source ↗2024-02-012.689
Readout
Consensus
3.54%
Spread
+1.09%
Low
3.00%
High
4.09%
Reporting
2
Basis
Annual growth

2023 Q4 · Quarterly SAAR

1 institution
Single reported figureUnited States
InstitutionPeriodReportedForecast
CBO2023 Q4“2023q4,real_nonres_fixed_invest_pct_change,2.64,projected” — economic_projections/quarterly_2024-02.csv, real_nonres_fixed_invest_pct_change · source ↗2024-02-012.64
Readout
Low
2.64%
High
2.64%
Reporting
1
Basis
Quarterly SAAR

One institution reporting — no consensus is claimed.

2023 full year · Annual growth

1 institution
Single reported figureUnited States
InstitutionPeriodReportedForecast
CBO2023 full year“2023,real_nonres_fixed_invest_pct_change,4.379,projected” — economic_projections/calendar_2024-02.csv, real_nonres_fixed_invest_pct_change · source ↗2024-02-014.379
Readout
Low
4.38%
High
4.38%
Reporting
1
Basis
Annual growth

One institution reporting — no consensus is claimed.

2024 Q1 · Quarterly SAAR

1 institution
Single reported figureUnited States
InstitutionPeriodReportedForecast
CBO2024 Q1“2024q1,real_nonres_fixed_invest_pct_change,1.15,projected” — economic_projections/quarterly_2024-02.csv, real_nonres_fixed_invest_pct_change · source ↗2024-02-011.15
Readout
Low
1.15%
High
1.15%
Reporting
1
Basis
Quarterly SAAR

One institution reporting — no consensus is claimed.

2024 Q2 · Quarterly SAAR

1 institution
Single reported figureUnited States
InstitutionPeriodReportedForecast
CBO2024 Q2“2024q2,real_nonres_fixed_invest_pct_change,1.818,projected” — economic_projections/quarterly_2024-02.csv, real_nonres_fixed_invest_pct_change · source ↗2024-02-011.818
Readout
Low
1.82%
High
1.82%
Reporting
1
Basis
Quarterly SAAR

One institution reporting — no consensus is claimed.

2024 Q3 · Quarterly SAAR

1 institution
Single reported figureUnited States
InstitutionPeriodReportedForecast
CBO2024 Q3“2024q3,real_nonres_fixed_invest_pct_change,2.361,projected” — economic_projections/quarterly_2024-02.csv, real_nonres_fixed_invest_pct_change · source ↗2024-02-012.361
Readout
Low
2.36%
High
2.36%
Reporting
1
Basis
Quarterly SAAR

One institution reporting — no consensus is claimed.

2024 Q4 · Quarterly SAAR

1 institution
Forecasts by report dateUnited States
0.12%2.56%CONSENSUSFEB 24JUL 24JAN 25CBO · 0.118 · 2025-01-01CBO · 2.557 · 2024-02-01CBO 2.557

EmphasisedOther institutionsConsensus

InstitutionPeriodReportedForecast
CBO2024 Q4“2024q4,real_nonres_fixed_invest_pct_change,0.118,projected” — economic_projections/quarterly_2025-01.csv, real_nonres_fixed_invest_pct_change · source ↗2025-01-010.118
CBO2024 Q4“2024q4,real_nonres_fixed_invest_pct_change,2.557,projected” — economic_projections/quarterly_2024-02.csv, real_nonres_fixed_invest_pct_change · source ↗2024-02-012.557
Readout
Low
0.12%
High
0.12%
Reporting
1
Basis
Quarterly SAAR

One institution reporting — no consensus is claimed.

2024 full year · Annual growth

1 institution
Forecasts by report dateUnited States
2.19%3.78%CONSENSUSFEB 24JUL 24JAN 25CBO · 3.778 · 2025-01-01CBO · 2.189 · 2024-02-01CBO 2.189

EmphasisedOther institutionsConsensus

InstitutionPeriodReportedForecast
CBO2024 full year“2024,real_nonres_fixed_invest_pct_change,3.778,projected” — economic_projections/calendar_2025-01.csv, real_nonres_fixed_invest_pct_change · source ↗2025-01-013.778
CBO2024 full year“2024,real_nonres_fixed_invest_pct_change,2.189,projected” — economic_projections/calendar_2024-02.csv, real_nonres_fixed_invest_pct_change · source ↗2024-02-012.189
Readout
Low
3.78%
High
3.78%
Reporting
1
Basis
Annual growth

One institution reporting — no consensus is claimed.

2025 Q1 · Quarterly SAAR

1 institution
Forecasts by report dateUnited States
2.31%4.02%CONSENSUSFEB 24JUL 24JAN 25CBO · 4.019 · 2025-01-01CBO · 2.305 · 2024-02-01CBO 2.305

EmphasisedOther institutionsConsensus

InstitutionPeriodReportedForecast
CBO2025 Q1“2025q1,real_nonres_fixed_invest_pct_change,4.019,projected” — economic_projections/quarterly_2025-01.csv, real_nonres_fixed_invest_pct_change · source ↗2025-01-014.019
CBO2025 Q1“2025q1,real_nonres_fixed_invest_pct_change,2.305,projected” — economic_projections/quarterly_2024-02.csv, real_nonres_fixed_invest_pct_change · source ↗2024-02-012.305
Readout
Low
4.02%
High
4.02%
Reporting
1
Basis
Quarterly SAAR

One institution reporting — no consensus is claimed.

2025 Q2 · Quarterly SAAR

1 institution
Forecasts by report dateUnited States
2.19%3.23%CONSENSUSFEB 24JUL 24JAN 25CBO · 2.191 · 2025-01-01CBO · 3.226 · 2024-02-01CBO 3.226

EmphasisedOther institutionsConsensus

InstitutionPeriodReportedForecast
CBO2025 Q2“2025q2,real_nonres_fixed_invest_pct_change,2.191,projected” — economic_projections/quarterly_2025-01.csv, real_nonres_fixed_invest_pct_change · source ↗2025-01-012.191
CBO2025 Q2“2025q2,real_nonres_fixed_invest_pct_change,3.226,projected” — economic_projections/quarterly_2024-02.csv, real_nonres_fixed_invest_pct_change · source ↗2024-02-013.226
Readout
Low
2.19%
High
2.19%
Reporting
1
Basis
Quarterly SAAR

One institution reporting — no consensus is claimed.

2025 Q3 · Quarterly SAAR

1 institution
Forecasts by report dateUnited States
1.96%3.18%3.32%CONSENSUSFEB 24JAN 25FEB 26CBO · 3.179 · 2026-02-01CBO · 1.963 · 2025-09-01CBO · 2.259 · 2025-01-01CBO · 3.316 · 2024-02-01CBO 3.316

EmphasisedOther institutionsConsensus

InstitutionPeriodReportedForecast
CBO2025 Q3“2025q3,real_nonres_fixed_invest_pct_change,3.179,projected” — economic_projections/quarterly_2026-02.csv, real_nonres_fixed_invest_pct_change · source ↗2026-02-013.179
CBO2025 Q3“2025q3,real_nonres_fixed_invest_pct_change,1.963,projected” — economic_projections/quarterly_2025-09.csv, real_nonres_fixed_invest_pct_change · source ↗2025-09-011.963
CBO2025 Q3“2025q3,real_nonres_fixed_invest_pct_change,2.259,projected” — economic_projections/quarterly_2025-01.csv, real_nonres_fixed_invest_pct_change · source ↗2025-01-012.259
CBO2025 Q3“2025q3,real_nonres_fixed_invest_pct_change,3.316,projected” — economic_projections/quarterly_2024-02.csv, real_nonres_fixed_invest_pct_change · source ↗2024-02-013.316
Readout
Low
3.18%
High
3.18%
Reporting
1
Basis
Quarterly SAAR

One institution reporting — no consensus is claimed.

2025 Q4 · Quarterly SAAR

1 institution
Forecasts by report dateUnited States
0.84%2.23%3.27%CONSENSUSFEB 24JAN 25FEB 26CBO · 2.228 · 2026-02-01CBO · 0.838 · 2025-09-01CBO · 2.707 · 2025-01-01CBO · 3.273 · 2024-02-01CBO 3.273

EmphasisedOther institutionsConsensus

InstitutionPeriodReportedForecast
CBO2025 Q4“2025q4,real_nonres_fixed_invest_pct_change,2.228,projected” — economic_projections/quarterly_2026-02.csv, real_nonres_fixed_invest_pct_change · source ↗2026-02-012.228
CBO2025 Q4“2025q4,real_nonres_fixed_invest_pct_change,0.838,projected” — economic_projections/quarterly_2025-09.csv, real_nonres_fixed_invest_pct_change · source ↗2025-09-010.838
CBO2025 Q4“2025q4,real_nonres_fixed_invest_pct_change,2.707,projected” — economic_projections/quarterly_2025-01.csv, real_nonres_fixed_invest_pct_change · source ↗2025-01-012.707
CBO2025 Q4“2025q4,real_nonres_fixed_invest_pct_change,3.273,projected” — economic_projections/quarterly_2024-02.csv, real_nonres_fixed_invest_pct_change · source ↗2024-02-013.273
Readout
Low
2.23%
High
2.23%
Reporting
1
Basis
Quarterly SAAR

One institution reporting — no consensus is claimed.

2026 Q1 · Quarterly SAAR

1 institution
Forecasts by report dateUnited States
2.29%3.33%3.40%CONSENSUSFEB 24JAN 25FEB 26CBO · 3.332 · 2026-02-01CBO · 3.4 · 2025-09-01CBO · 2.287 · 2025-01-01CBO · 2.574 · 2024-02-01CBO 2.574

EmphasisedOther institutionsConsensus

InstitutionPeriodReportedForecast
CBO2026 Q1“2026q1,real_nonres_fixed_invest_pct_change,3.332,projected” — economic_projections/quarterly_2026-02.csv, real_nonres_fixed_invest_pct_change · source ↗2026-02-013.332
CBO2026 Q1“2026q1,real_nonres_fixed_invest_pct_change,3.4,projected” — economic_projections/quarterly_2025-09.csv, real_nonres_fixed_invest_pct_change · source ↗2025-09-013.4
CBO2026 Q1“2026q1,real_nonres_fixed_invest_pct_change,2.287,projected” — economic_projections/quarterly_2025-01.csv, real_nonres_fixed_invest_pct_change · source ↗2025-01-012.287
CBO2026 Q1“2026q1,real_nonres_fixed_invest_pct_change,2.574,projected” — economic_projections/quarterly_2024-02.csv, real_nonres_fixed_invest_pct_change · source ↗2024-02-012.574
Readout
Low
3.33%
High
3.33%
Reporting
1
Basis
Quarterly SAAR

One institution reporting — no consensus is claimed.

2026 Q2 · Quarterly SAAR

1 institution
Forecasts by report dateUnited States
2.80%3.81%CONSENSUSFEB 24JAN 25FEB 26CBO · 3.815 · 2026-02-01CBO · 3.465 · 2025-09-01CBO · 2.798 · 2025-01-01CBO · 3.496 · 2024-02-01CBO 3.496

EmphasisedOther institutionsConsensus

InstitutionPeriodReportedForecast
CBO2026 Q2“2026q2,real_nonres_fixed_invest_pct_change,3.815,projected” — economic_projections/quarterly_2026-02.csv, real_nonres_fixed_invest_pct_change · source ↗2026-02-013.815
CBO2026 Q2“2026q2,real_nonres_fixed_invest_pct_change,3.465,projected” — economic_projections/quarterly_2025-09.csv, real_nonres_fixed_invest_pct_change · source ↗2025-09-013.465
CBO2026 Q2“2026q2,real_nonres_fixed_invest_pct_change,2.798,projected” — economic_projections/quarterly_2025-01.csv, real_nonres_fixed_invest_pct_change · source ↗2025-01-012.798
CBO2026 Q2“2026q2,real_nonres_fixed_invest_pct_change,3.496,projected” — economic_projections/quarterly_2024-02.csv, real_nonres_fixed_invest_pct_change · source ↗2024-02-013.496
Readout
Low
3.81%
High
3.81%
Reporting
1
Basis
Quarterly SAAR

One institution reporting — no consensus is claimed.

2026 Q3 · Quarterly SAAR

1 institution
Forecasts by report dateUnited States
2.96%4.16%CONSENSUSFEB 24JAN 25FEB 26CBO · 4.156 · 2026-02-01CBO · 3.435 · 2025-09-01CBO · 2.964 · 2025-01-01CBO · 3.666 · 2024-02-01CBO 3.666

EmphasisedOther institutionsConsensus

InstitutionPeriodReportedForecast
CBO2026 Q3“2026q3,real_nonres_fixed_invest_pct_change,4.156,projected” — economic_projections/quarterly_2026-02.csv, real_nonres_fixed_invest_pct_change · source ↗2026-02-014.156
CBO2026 Q3“2026q3,real_nonres_fixed_invest_pct_change,3.435,projected” — economic_projections/quarterly_2025-09.csv, real_nonres_fixed_invest_pct_change · source ↗2025-09-013.435
CBO2026 Q3“2026q3,real_nonres_fixed_invest_pct_change,2.964,projected” — economic_projections/quarterly_2025-01.csv, real_nonres_fixed_invest_pct_change · source ↗2025-01-012.964
CBO2026 Q3“2026q3,real_nonres_fixed_invest_pct_change,3.666,projected” — economic_projections/quarterly_2024-02.csv, real_nonres_fixed_invest_pct_change · source ↗2024-02-013.666
Readout
Low
4.16%
High
4.16%
Reporting
1
Basis
Quarterly SAAR

One institution reporting — no consensus is claimed.

2026 Q4 · Q4/Q4

1 institution
Single reported figureUnited States
InstitutionPeriodReportedForecast
Fannie Mae2026 Q4“| Business Fixed Investment | 9.5 | 7.3 | 3.2 | 2.4 | 10.6 | 8.4 | 5.2 | 6.0 | 5.2 | 5.1 | 4.6 | 4.2 | 5.6 | 7.5 | 4.8 |” — Forecast table, Business Fixed Investment, 2026 annual column · source ↗2026-08-137.5
Readout
Low
7.50%
High
7.50%
Reporting
1
Basis
Q4/Q4

One institution reporting — no consensus is claimed.

2027 Q1 · Quarterly SAAR

1 institution
Forecasts by report dateUnited States
2.64%3.71%CONSENSUSFEB 24JAN 25FEB 26CBO · 3.714 · 2026-02-01CBO · 3.289 · 2025-09-01CBO · 2.641 · 2025-01-01CBO · 3.321 · 2024-02-01CBO 3.321

EmphasisedOther institutionsConsensus

InstitutionPeriodReportedForecast
CBO2027 Q1“2027q1,real_nonres_fixed_invest_pct_change,3.714,projected” — economic_projections/quarterly_2026-02.csv, real_nonres_fixed_invest_pct_change · source ↗2026-02-013.714
CBO2027 Q1“2027q1,real_nonres_fixed_invest_pct_change,3.289,projected” — economic_projections/quarterly_2025-09.csv, real_nonres_fixed_invest_pct_change · source ↗2025-09-013.289
CBO2027 Q1“2027q1,real_nonres_fixed_invest_pct_change,2.641,projected” — economic_projections/quarterly_2025-01.csv, real_nonres_fixed_invest_pct_change · source ↗2025-01-012.641
CBO2027 Q1“2027q1,real_nonres_fixed_invest_pct_change,3.321,projected” — economic_projections/quarterly_2024-02.csv, real_nonres_fixed_invest_pct_change · source ↗2024-02-013.321
Readout
Low
3.71%
High
3.71%
Reporting
1
Basis
Quarterly SAAR

One institution reporting — no consensus is claimed.

2027 Q2 · Quarterly SAAR

1 institution
Forecasts by report dateUnited States
2.89%3.40%3.69%CONSENSUSFEB 24JAN 25FEB 26CBO · 3.405 · 2026-02-01CBO · 2.889 · 2025-09-01CBO · 2.977 · 2025-01-01CBO · 3.688 · 2024-02-01CBO 3.688

EmphasisedOther institutionsConsensus

InstitutionPeriodReportedForecast
CBO2027 Q2“2027q2,real_nonres_fixed_invest_pct_change,3.405,projected” — economic_projections/quarterly_2026-02.csv, real_nonres_fixed_invest_pct_change · source ↗2026-02-013.405
CBO2027 Q2“2027q2,real_nonres_fixed_invest_pct_change,2.889,projected” — economic_projections/quarterly_2025-09.csv, real_nonres_fixed_invest_pct_change · source ↗2025-09-012.889
CBO2027 Q2“2027q2,real_nonres_fixed_invest_pct_change,2.977,projected” — economic_projections/quarterly_2025-01.csv, real_nonres_fixed_invest_pct_change · source ↗2025-01-012.977
CBO2027 Q2“2027q2,real_nonres_fixed_invest_pct_change,3.688,projected” — economic_projections/quarterly_2024-02.csv, real_nonres_fixed_invest_pct_change · source ↗2024-02-013.688
Readout
Low
3.40%
High
3.40%
Reporting
1
Basis
Quarterly SAAR

One institution reporting — no consensus is claimed.

2027 Q3 · Quarterly SAAR

1 institution
Forecasts by report dateUnited States
2.72%3.28%3.68%CONSENSUSFEB 24JAN 25FEB 26CBO · 3.277 · 2026-02-01CBO · 2.773 · 2025-09-01CBO · 2.723 · 2025-01-01CBO · 3.683 · 2024-02-01CBO 3.683

EmphasisedOther institutionsConsensus

InstitutionPeriodReportedForecast
CBO2027 Q3“2027q3,real_nonres_fixed_invest_pct_change,3.277,projected” — economic_projections/quarterly_2026-02.csv, real_nonres_fixed_invest_pct_change · source ↗2026-02-013.277
CBO2027 Q3“2027q3,real_nonres_fixed_invest_pct_change,2.773,projected” — economic_projections/quarterly_2025-09.csv, real_nonres_fixed_invest_pct_change · source ↗2025-09-012.773
CBO2027 Q3“2027q3,real_nonres_fixed_invest_pct_change,2.723,projected” — economic_projections/quarterly_2025-01.csv, real_nonres_fixed_invest_pct_change · source ↗2025-01-012.723
CBO2027 Q3“2027q3,real_nonres_fixed_invest_pct_change,3.683,projected” — economic_projections/quarterly_2024-02.csv, real_nonres_fixed_invest_pct_change · source ↗2024-02-013.683
Readout
Low
3.28%
High
3.28%
Reporting
1
Basis
Quarterly SAAR

One institution reporting — no consensus is claimed.

2027 Q4 · Q4/Q4

1 institution
Single reported figureUnited States
InstitutionPeriodReportedForecast
Fannie Mae2027 Q4“| Business Fixed Investment | 9.5 | 7.3 | 3.2 | 2.4 | 10.6 | 8.4 | 5.2 | 6.0 | 5.2 | 5.1 | 4.6 | 4.2 | 5.6 | 7.5 | 4.8 |” — Forecast table, Business Fixed Investment, 2027 annual column · source ↗2026-08-134.8
Readout
Low
4.80%
High
4.80%
Reporting
1
Basis
Q4/Q4

One institution reporting — no consensus is claimed.

2027 Q4 · Quarterly SAAR

1 institution
Forecasts by report dateUnited States
2.33%3.29%3.48%CONSENSUSFEB 24JAN 25FEB 26CBO · 3.295 · 2026-02-01CBO · 2.333 · 2025-09-01CBO · 2.68 · 2025-01-01CBO · 3.476 · 2024-02-01CBO 3.476

EmphasisedOther institutionsConsensus

InstitutionPeriodReportedForecast
CBO2027 Q4“2027q4,real_nonres_fixed_invest_pct_change,3.295,projected” — economic_projections/quarterly_2026-02.csv, real_nonres_fixed_invest_pct_change · source ↗2026-02-013.295
CBO2027 Q4“2027q4,real_nonres_fixed_invest_pct_change,2.333,projected” — economic_projections/quarterly_2025-09.csv, real_nonres_fixed_invest_pct_change · source ↗2025-09-012.333
CBO2027 Q4“2027q4,real_nonres_fixed_invest_pct_change,2.68,projected” — economic_projections/quarterly_2025-01.csv, real_nonres_fixed_invest_pct_change · source ↗2025-01-012.68
CBO2027 Q4“2027q4,real_nonres_fixed_invest_pct_change,3.476,projected” — economic_projections/quarterly_2024-02.csv, real_nonres_fixed_invest_pct_change · source ↗2024-02-013.476
Readout
Low
3.29%
High
3.29%
Reporting
1
Basis
Quarterly SAAR

One institution reporting — no consensus is claimed.

2027 full year · Annual growth

1 institution
Forecasts by report dateUnited States
2.83%3.72%CONSENSUSFEB 24JAN 25FEB 26CBO · 3.716 · 2026-02-01CBO · 3.139 · 2025-09-01CBO · 2.83 · 2025-01-01CBO · 3.606 · 2024-02-01CBO 3.606

EmphasisedOther institutionsConsensus

InstitutionPeriodReportedForecast
CBO2027 full year“2027,real_nonres_fixed_invest_pct_change,3.716,projected” — economic_projections/calendar_2026-02.csv, real_nonres_fixed_invest_pct_change · source ↗2026-02-013.716
CBO2027 full year“2027,real_nonres_fixed_invest_pct_change,3.139,projected” — economic_projections/calendar_2025-09.csv, real_nonres_fixed_invest_pct_change · source ↗2025-09-013.139
CBO2027 full year“2027,real_nonres_fixed_invest_pct_change,2.83,projected” — economic_projections/calendar_2025-01.csv, real_nonres_fixed_invest_pct_change · source ↗2025-01-012.83
CBO2027 full year“2027,real_nonres_fixed_invest_pct_change,3.606,projected” — economic_projections/calendar_2024-02.csv, real_nonres_fixed_invest_pct_change · source ↗2024-02-013.606
Readout
Low
3.72%
High
3.72%
Reporting
1
Basis
Annual growth

One institution reporting — no consensus is claimed.

2028 Q1 · Quarterly SAAR

1 institution
Forecasts by report dateUnited States
1.85%3.02%CONSENSUSJAN 25JUL 25FEB 26CBO · 3.021 · 2026-02-01CBO · 1.846 · 2025-09-01CBO · 2.446 · 2025-01-01CBO 2.446

EmphasisedOther institutionsConsensus

InstitutionPeriodReportedForecast
CBO2028 Q1“2028q1,real_nonres_fixed_invest_pct_change,3.021,projected” — economic_projections/quarterly_2026-02.csv, real_nonres_fixed_invest_pct_change · source ↗2026-02-013.021
CBO2028 Q1“2028q1,real_nonres_fixed_invest_pct_change,1.846,projected” — economic_projections/quarterly_2025-09.csv, real_nonres_fixed_invest_pct_change · source ↗2025-09-011.846
CBO2028 Q1“2028q1,real_nonres_fixed_invest_pct_change,2.446,projected” — economic_projections/quarterly_2025-01.csv, real_nonres_fixed_invest_pct_change · source ↗2025-01-012.446
Readout
Low
3.02%
High
3.02%
Reporting
1
Basis
Quarterly SAAR

One institution reporting — no consensus is claimed.

2028 Q2 · Quarterly SAAR

1 institution
Forecasts by report dateUnited States
1.61%2.67%CONSENSUSJAN 25JUL 25FEB 26CBO · 2.672 · 2026-02-01CBO · 1.611 · 2025-09-01CBO · 2.338 · 2025-01-01CBO 2.338

EmphasisedOther institutionsConsensus

InstitutionPeriodReportedForecast
CBO2028 Q2“2028q2,real_nonres_fixed_invest_pct_change,2.672,projected” — economic_projections/quarterly_2026-02.csv, real_nonres_fixed_invest_pct_change · source ↗2026-02-012.672
CBO2028 Q2“2028q2,real_nonres_fixed_invest_pct_change,1.611,projected” — economic_projections/quarterly_2025-09.csv, real_nonres_fixed_invest_pct_change · source ↗2025-09-011.611
CBO2028 Q2“2028q2,real_nonres_fixed_invest_pct_change,2.338,projected” — economic_projections/quarterly_2025-01.csv, real_nonres_fixed_invest_pct_change · source ↗2025-01-012.338
Readout
Low
2.67%
High
2.67%
Reporting
1
Basis
Quarterly SAAR

One institution reporting — no consensus is claimed.

2028 Q3 · Quarterly SAAR

1 institution
Forecasts by report dateUnited States
1.52%2.53%CONSENSUSJAN 25JUL 25FEB 26CBO · 2.527 · 2026-02-01CBO · 1.52 · 2025-09-01CBO · 2.156 · 2025-01-01CBO 2.156

EmphasisedOther institutionsConsensus

InstitutionPeriodReportedForecast
CBO2028 Q3“2028q3,real_nonres_fixed_invest_pct_change,2.527,projected” — economic_projections/quarterly_2026-02.csv, real_nonres_fixed_invest_pct_change · source ↗2026-02-012.527
CBO2028 Q3“2028q3,real_nonres_fixed_invest_pct_change,1.52,projected” — economic_projections/quarterly_2025-09.csv, real_nonres_fixed_invest_pct_change · source ↗2025-09-011.52
CBO2028 Q3“2028q3,real_nonres_fixed_invest_pct_change,2.156,projected” — economic_projections/quarterly_2025-01.csv, real_nonres_fixed_invest_pct_change · source ↗2025-01-012.156
Readout
Low
2.53%
High
2.53%
Reporting
1
Basis
Quarterly SAAR

One institution reporting — no consensus is claimed.

2028 Q4 · Quarterly SAAR

1 institution
Forecasts by report dateUnited States
1.51%2.55%CONSENSUSJAN 25JUL 25FEB 26CBO · 2.553 · 2026-02-01CBO · 1.507 · 2025-09-01CBO · 2.117 · 2025-01-01CBO 2.117

EmphasisedOther institutionsConsensus

InstitutionPeriodReportedForecast
CBO2028 Q4“2028q4,real_nonres_fixed_invest_pct_change,2.553,projected” — economic_projections/quarterly_2026-02.csv, real_nonres_fixed_invest_pct_change · source ↗2026-02-012.553
CBO2028 Q4“2028q4,real_nonres_fixed_invest_pct_change,1.507,projected” — economic_projections/quarterly_2025-09.csv, real_nonres_fixed_invest_pct_change · source ↗2025-09-011.507
CBO2028 Q4“2028q4,real_nonres_fixed_invest_pct_change,2.117,projected” — economic_projections/quarterly_2025-01.csv, real_nonres_fixed_invest_pct_change · source ↗2025-01-012.117
Readout
Low
2.55%
High
2.55%
Reporting
1
Basis
Quarterly SAAR

One institution reporting — no consensus is claimed.

2028 full year · Annual growth

1 institution
Forecasts by report dateUnited States
2.01%2.97%CONSENSUSJAN 25JUL 25FEB 26CBO · 2.97 · 2026-02-01CBO · 2.009 · 2025-09-01CBO · 2.479 · 2025-01-01CBO 2.479

EmphasisedOther institutionsConsensus

InstitutionPeriodReportedForecast
CBO2028 full year“2028,real_nonres_fixed_invest_pct_change,2.97,projected” — economic_projections/calendar_2026-02.csv, real_nonres_fixed_invest_pct_change · source ↗2026-02-012.97
CBO2028 full year“2028,real_nonres_fixed_invest_pct_change,2.009,projected” — economic_projections/calendar_2025-09.csv, real_nonres_fixed_invest_pct_change · source ↗2025-09-012.009
CBO2028 full year“2028,real_nonres_fixed_invest_pct_change,2.479,projected” — economic_projections/calendar_2025-01.csv, real_nonres_fixed_invest_pct_change · source ↗2025-01-012.479
Readout
Low
2.97%
High
2.97%
Reporting
1
Basis
Annual growth

One institution reporting — no consensus is claimed.

2029 Q1 · Quarterly SAAR

1 institution
Single reported figureUnited States
InstitutionPeriodReportedForecast
CBO2029 Q1“2029q1,real_nonres_fixed_invest_pct_change,2.106,projected” — economic_projections/quarterly_2026-02.csv, real_nonres_fixed_invest_pct_change · source ↗2026-02-012.106
Readout
Low
2.11%
High
2.11%
Reporting
1
Basis
Quarterly SAAR

One institution reporting — no consensus is claimed.

2029 Q2 · Quarterly SAAR

1 institution
Single reported figureUnited States
InstitutionPeriodReportedForecast
CBO2029 Q2“2029q2,real_nonres_fixed_invest_pct_change,2.015,projected” — economic_projections/quarterly_2026-02.csv, real_nonres_fixed_invest_pct_change · source ↗2026-02-012.015
Readout
Low
2.02%
High
2.02%
Reporting
1
Basis
Quarterly SAAR

One institution reporting — no consensus is claimed.

2029 Q3 · Quarterly SAAR

1 institution
Single reported figureUnited States
InstitutionPeriodReportedForecast
CBO2029 Q3“2029q3,real_nonres_fixed_invest_pct_change,1.991,projected” — economic_projections/quarterly_2026-02.csv, real_nonres_fixed_invest_pct_change · source ↗2026-02-011.991
Readout
Low
1.99%
High
1.99%
Reporting
1
Basis
Quarterly SAAR

One institution reporting — no consensus is claimed.

2029 Q4 · Quarterly SAAR

1 institution
Single reported figureUnited States
InstitutionPeriodReportedForecast
CBO2029 Q4“2029q4,real_nonres_fixed_invest_pct_change,2.192,projected” — economic_projections/quarterly_2026-02.csv, real_nonres_fixed_invest_pct_change · source ↗2026-02-012.192
Readout
Low
2.19%
High
2.19%
Reporting
1
Basis
Quarterly SAAR

One institution reporting — no consensus is claimed.

2029 full year · Annual growth

1 institution
Single reported figureUnited States
InstitutionPeriodReportedForecast
CBO2029 full year“2029,real_nonres_fixed_invest_pct_change,2.251,projected” — economic_projections/calendar_2026-02.csv, real_nonres_fixed_invest_pct_change · source ↗2026-02-012.251
Readout
Low
2.25%
High
2.25%
Reporting
1
Basis
Annual growth

One institution reporting — no consensus is claimed.