Investment in nonresidential structures consists of new
construction (including
own-account
production), improvements to existing structures, expenditures
on new mobile structures, brokers' commissions on sales of
structures, and net purchases of used structures by private
businesses and by nonprofit institutions from government agencies.
New construction includes hotels and motels and mining exploration,
shafts, and wells. Nonresidential structures also includes equipment
considered to be an integral part of a structure, such as plumbing,
heating, and electrical systems. Related terms:
nonresidential
fixed investment,
fixed
investment.