U.S. Construction Spending Rose 0.2% In March

May 4th, 2010 by Belisarius

Construction spending is a contrast to the ISM Manufacturing. Needless to say that we cannot talk about economic recovery without construction spending.

In March, U.S. construction spending rose 0.2% MoM. On a year level we are at -12.3%.

Chart 1. U.S. Construction Spending

Source: U.S. Census Bureau

This entry was posted on Tuesday, May 4th, 2010 at 5:50 am and is filed under U.S. Economic Data, U.S. Housing. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

Comments are closed.

 
Get Adobe Flash player