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Tuesday, January 03, 2017

Nov US construction spending +0.9% vs +0.5% expected


  • 10-year high in construction spending
  • Prior was +0.5%
  • Private spending +1.0%
  • Public spending +0.8%
  • $1.182 trillion in spending
  • Lodging +7.0% vs -6.4% prior
Year-over-year terms
  • Lodging +29.7%
  • Office +31.0%
  • Commercial +12.0%
  • Manufacturing -8.0%
  • Highways/streets +10.5%
  • Residential +3.0%

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