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August construction spending up 1.4%
| Ruth Mantell
Posted on 10/03/2011 10:05:59 AM PDT by Free Vulcan
Outlays for U.S. construction projects rose 1.4% in August on public and private spending gains...Economists polled by MarketWatch had expected overall construction spending to decline 0.3%
(Excerpt) Read more at marketwatch.com ...
TOPICS: Business/Economy; Culture/Society; Government; News/Current Events
KEYWORDS: construction; private; public; spending
This is about the most minor of the minor reports, but it does allow someone to at least keep an eye on the govt part of outlays and what they may be doing to try and tinker with the economy.
To: Free Vulcan
Looks like the economy has stabilized and is at least not getting any worse. Several of the last reports have been better than expected. I’m guessing the unemployment number for last month will be a little better than people think. Perhaps it means we aren’t sliding back into recession?
The economy is resilient. Falling fuel prices probably aren’t hurting either. Somehow though I feel like President Fool Sucka will find a way to screw it up.
posted on 10/03/2011 10:17:42 AM PDT
by Free Vulcan
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