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.


Wednesday, July 1, 2015

May 2015 Construction Spending

Click image for larger view 
Click image for larger view
Overall construction spending in the United States jumped 0.8% during May (nearly double the +0.5% expected), to a seasonally adjusted and annualized rate (SAAR) of $1.036 trillion. The private non-residential component led the way with a $5.7 billion (1.5%) increase. Outlays on public projects rose by $2.0 billion (+0.7%) while the private residential component brought up the rear with a more meager $1.1 billion (+0.3%). 
Click image for larger view
Click here for a discussion of May’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.
Posted by at
Labels: ,

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.

Subscribe to: Post Comments (Atom)