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for larger view
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for larger view
Overall
construction
spending in the United
States SAAR )
of $930.5 billion -- the highest level since April 2009. The increase derived entirely
from an $8.8 billion (2.6 percent) rise in private residential spending. Public
construction spending declined by $6.2 billion (2.3 percent) while the private
non-residential component fell by $2.1 billion (0.7 percent).
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for larger view
Click
here
for a discussion of December’s new residential permits, starts and completions.
Click here
for a discussion of new and existing home sales, inventory and prices.
The foregoing comments represent the
general economic views and analysis of Delphi
Advisors, and are provided solely for the purpose of information, instruction
and discourse. They do not constitute a solicitation or recommendation
regarding any investment.
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