U.S. Construction Spending Rose 0.2% In March

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.

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