[unable to retrieve full-text content]Monthly Construction Spending, September 2024, Census Bureau Construction spending estimates are comprised of estimates based on mail-out/mail-back and interview surveys of selected construction projects and building owners, and estimates developed or compiled from other Census Bureau, federal agency, and private data sources. Total ConstructionConstruction spending during September 2024 was estimated at a seasonally adjusted annual […] The post...
Read More »Manufacturing positive, inflation-adjusted construction spending is flat
Manufacturing positive, but no longer red hot; inflation-adjusted construction spending is flat In addition to the jobs report, Friday gave us updates on manufacturing and construction. The ISM manufacturing index, and especially its new orders subindex, is an important short leading indicator for the production sector. While the index remained positive, its leading new orders component stumbled. In March the index declined from 58.6 to...
Read More »