It only takes a few moments to share an article, but the person on the other end who reads it might have his life changed forever.

Monday, November 02, 2015

US construction spending 0.6% vs +0.5% estimate

  • The index is at the highest level in 7 1/2 years (since March 2008).  
  • The index was pushed up by a surge in apartment buildings (up 4.9%).  
  • Single family homes rose by 1.3%.  
  • Private sector construction roasted highest level since January 2008
Construction is a positive for the US economy.  IN the GDP data last week, private investment in housing grew by 6.1% annually.
Posted by at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)