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Monetary Policy Report submitted to the Congress on February 27, 2008, pursuant to section 2B of the Federal Reserve Act

Table for figure of Change in Real Business Fixed Investment, 2001-07
Percent, annual rate
Period Structures Equipment and software High-tech equipment and software Other equipment excluding transportation
2001 -11.15 -9.00 -10.61 -9.29
2002 -14.87 -3.37 -3.69 1.42
2003 0.22 6.63 14.87 4.71
2004 2.27 9.40 6.12 5.59
2005 -0.35 7.09 9.43 7.68
2006 12.33 2.52 5.77 -0.49
2007:H1 15.87 2.50 15.04 0.01
2007:H2 16.05 4.98 10.18 3.18

Note: High-tech equipment consists of computers and peripheral equipment and communications equipment.

Source: Department of Commerce, Bureau of Economic Analysis.

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