What is Macro Pulse?

Macro Pulse highlights recent activity and events expected to affect the U.S. economy over the next 24 months. While the review is of the entire U.S. economy its particular focus is on developments affecting the Forest Products industry. Everyone with a stake in any level of the sector can benefit from
Macro Pulse's timely yet in-depth coverage.


Monday, August 4, 2014

June 2014 U.S. Construction Spending

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Overall construction spending in the United States fell by 1.8 percent during June (the largest drop since January 2011), to a seasonally adjusted and annualized rate (SAAR) of $950.2 billion. Interestingly, the SAARs of the categories we track were negative “across the board” despite small not-seasonally adjusted gains in all but the private non-residential category.
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Click here for a discussion of June’s new residential permits, starts and completions. Click here for a discussion of new and existing home sales, inventories 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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