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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
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Wednesday, April 1, 2015

February 2015 Construction Spending

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Overall construction spending in the United States nudged lower (-0.1%) during February (+0.2% expected), to a seasonally adjusted and annualized rate (SAAR) of $967.2 billion. Private construction spending rose 0.2%. Outlays on residential projects shrank by 0.2% while non-residential expanded by 0.5%. Spending on public construction projects decreased 0.8%. 
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Click here for a discussion of February’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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