U.S. Construction Spending Rose 0.2% In June
U.S. construction spending rose 0.2% In June vs. 0.1% consensus and 0.3% gain (revised from 0.6% fall) in May. On year level we are at -4.7%.
Posts Tagged ‘U.S. Construction Spending’
U.S. Construction Spending Rose 1.4% In March
U.S. construction spending rose 1.4% in March vs. 0.4% consensus and 2.6% fall (revised from 1.4% fall) in February. On year level we are at -6.7%.
U.S. Construction Spending Fell 0.7% In January
U.S. construction spending fell 0.7% in January vs. 0.8% consensus and 1.6% fall (revised from 2.5% fall) in November. On year level we are at -5.9%.
U.S. Construction Spending Fell 2.5% In December
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.
U.S. Construction Spending Rose 0.4% In November
U.S. construction spending rose 0.4% November vs. 0.1% consensus and 0.7% rise in October. On year level we are at -6.0%.
Improvement, but construction spending overall stil quite weak.
U.S. Construction Spending Rose 0.7% In October
U.S. construction spending rose 0.7% October vs. -0.4% consensus and revised (down -0.2%) 0.7% rise in September. On year level we are at -9.3%.
Revisions are so big that one can’t rely on this data. This is useless.
U.S. Construction Spending Rose 0.5% In September
(For September 2010) U.S. construction spending rose 0.5% m-o-m in September vs. -0.5% consensus and revised (down -0.6%) 0.2% fall in August. On year level we are at -10.4%. Revisions are so big that one can’t rely on this data. Chart 1. U.S. Construction Spending
U.S. Construction Spending Rose 0.4% In August
(For August 2010) U.S. construction spending rose 0.4% m-o-m in August vs. -0.4% consensus and revised (down -0.4%) 1.4% fall in June. On year level we are at -10.0%. Chart 1. U.S. Construction Spending
U.S. Construction Spending Fell 1.0% In July; Absolute Level Lowest In 10 Years
(For July 2010) I forgot to post this yesterday. U.S. construction spending fell 1.0% MoM in July vs. -0.6% consensus and revised 0.8% fall in June. On year level we are at -10.7%. Lowest level in 10 years. Chart 1. U.S. Construction Spending
U.S. Construction Spending Rose 0.1% In June
U.S. construction spending rose 0.1% MoM in June vs. -0.5% consensus and 0.2% rise in May. On a year level we are at -7.9%. Chart 1. U.S. Construction Spending
U.S. Construction Spending Fell 0.2% In May
In May, U.S. construction spending fell 0.2% MoM vs. -0.5% consensus and 2.7% rise in April. On a year level we are at -8.0%. Economic recovery without construction recovering is not the real sustainable recovery. Chart 1. U.S. Construction Spending
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
Strong Start
ISM Manufacturing Index for December came out at 55.9 vs. 54.8 consensus and 53.6 reading for November. Construction spending for November fell -0.6% M-o-M (-13.2% Y-o-Y) vs. -0.5% consensus and flat reading for October. The news of the day came out of China. China Purchasing Managers’ Index rose to 56.1. Bloomberg story: Chinese Manufacturing Grows […]
GM CEO Resigns
ADP unemployment for November just came out at -169.000 vs. -209.000 last month. Similar as with jobless claims, the job loses are coming down, but U.S. economy is still losing jobs. The story of the day in the U.S. yesterdays was GM CEO Fritz Henderson resignation. The resignation followed the Motor Vehicle Sales but apparently […]
Rally Stop
We have had a nice shoot up yesterday after the ISM Manufacturing Index release, but the gains flattened during the day. The ISM Manufacturing Index came at 55.7 vs. 53 consensus and 52.6 last month. It’s a diffusion index, I don’t care really, but markets react sometimes.