The phrase
"nonresidential structures" refers to buildings or constructions that are not used for living purposes. These are typically commercial or industrial buildings, such as offices, factories, shops, or warehouses.
Full definition
The disintegration of investment
in nonresidential structures and machinery and equipment subtracted almost a full percentage point from GDP; only 2009 and 1982 were worse in that regard, and neither of those years stand out as high points in Canada's economic history.
The central bank further affirmed that labor market conditions remained weak, that household spending was gaining just modestly, that investment in
nonresidential structures was still limited, and that the housing market was staying depressed.
However, investment in
nonresidential structures is declining, housing starts have been flat at a depressed level, and employers remain reluctant to add to payrolls.
Business spending on equipment and software has risen significantly; however, investment in
nonresidential structures is declining and employers remain reluctant to add to payrolls.
However, investment in
nonresidential structures is still weak, and the housing sector continues to be depressed.
However, investment in
nonresidential structures is declining, housing starts have been flat at a depressed level, and employers remain reluctant to add to payrolls.
Business spending on equipment and software has risen significantly; however, investment in
nonresidential structures is declining and employers remain reluctant to add to payrolls.
Investment in
nonresidential structures is still weak, and the housing sector remains depressed.
The maximum loan amount is $ 25,000 for improving a single - family home or for building or improving
a nonresidential structure.
Title I loans may be used to finance permanent property improvements that protect or improve the basic livability or utility of the property — including manufactured homes, single - family and multifamily homes,
nonresidential structures, and the preservation of historic homes.
Business spending on equipment and software is rising, while investment in
nonresidential structures is still weak.