According to the 2005 Houston Area Survey, 68 percent of non-Hispanic whites in Harris County are declared or favor Republicans while 89 percent of non-Hispanic blacks in the area are declared or favor Democrats. About 62 percent Hispanics (of any race) in the area are declared or favor Democrats.
DEFINITION of 'Capital Formation '. A term used to describe net capital accumulation during an accounting period. Capital formation refers to net additions of capital stock such as equipment, buildings and other intermediate goods.
Government spending - Infrastructure and investment: gross fixed capital formation. 1  Government acquisition intended to create future benefits, such as infrastructure investment or research spending, is called gross fixed capital formation, or government investment, which usually is the largest part of the government.