U.S. Construction Spending Fell 2.5% In December

February 1st, 2011 by Belisarius

(For December 2010)

U.S. construction spending fell 2.5% in December vs. 0.1% consensus and 0.2% fall(revised from 0.4% gain) in November. On year level we are at -6.4%.

Lowest reading since July 2000.

 

This entry was posted on Tuesday, February 1st, 2011 at 9:57 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.

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