Construction spending increased 2.17 percent in February 2013, according to the US Census. That's?20.08 percent above the construction spending level seen in February 2012.
EnlargeYesterday, the?U.S. Census Bureau released their latest read of construction spending?showing improvement in February with total construction spending, residential and non-residential construction spending increasing on the month.?
Skip to next paragraph SoldAtTheTopWriter, The PaperEconomy Blog
'SoldAtTheTop' is not a pessimist by nature but a true skeptic and realist who prefers solid and sustained evidence of fundamental economic recovery to 'Goldilocks,' 'Green Shoots,' 'Mustard Seeds,' and wholesale speculation.
Recent posts
' +
google_ads[0].line2 + '
' +
google_ads[0].line3 + '
Subscribe Today to the Monitor
On a month-to-month basis, total residential spending increased 2.17% from January climbing 20.08% above the level seen in?February?2012 while still remaining a whopping 55.15% below the peak level seen in 2006.
Single family construction spending climbed a notable 4.27% since January rising 34.14% since?February 2012 but remained a whopping 66.40% below it's peak in 2006.
Non-residential construction spending increased 0.44% since January and rose 6.08% above the level seen in February 2012 and remained a whopping 27.37% below the peak level reached in October 2008.
The Christian Science Monitor has assembled a diverse group of the best economy-related bloggers out there. Our guest bloggers are not employed or directed by the Monitor and the views expressed are the bloggers' own, as is responsibility for the content of their blogs. To contact us about a blogger, click here.To add or view a comment on a guest blog, please go to the blogger's own site by clicking on paper-money.blogspot.com.
Source: http://rss.csmonitor.com/~r/feeds/csm/~3/_wAZhq5NUrY/Construction-spending-increases-in-February
oceans 11 ferris state hockey mary poppins john derbyshire kinkade thomas kinkade paintings navy jet crash virginia beach
No comments:
Post a Comment