Construction spending up 0.8% in September but more declines ahead through the winter
Construction spending rose 0.8% in September entirely due to an implausible jump in residential remodeling which is unlikely to be sustained and could be revised away as was a similar jump earlier this year. Residential remodeling indicators all suggest that this market is continuing to slip lower.
Go here to read the rest:
Construction spending up 0.8% in September but more declines ahead through the winter
Comments
No comments yet.
Sorry, the comment form is closed at this time.