Tag Archives: public construction

Construction Growth Continues to be Soft in April 2013

Written by Steven Hansen Construction spending was slightly below expectations in April 2013. Econintersect sees the month-over-month comparisons a little worse – however, inflation adjusted numbers improved month-over-month. Government construction spending remains a drag on the relatively robustly expanding private … Continue reading

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Construction Growth Continues in March 2013 But Not As Good

Written by Steven Hansen Construction spending was below expectations in March 2013. Econintersect sees the month-over-month comparisons a little worse. Government construction spending remains a drag on the relatively robustly expanding private sector.  This sector continues to cool. The backward … Continue reading

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Construction Growth Continues in February 2013

Written by Steven Hansen Construction spending rose above expectations in February 2013. Econintersect sees the month-over-month comparisons a little worse. Government construction spending remains a drag on the relatively robustly expanding private sector. The backward revision this month were down … Continue reading

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Private Sector Construction Growth Continues in for January 2013

Written by Steven Hansen US Census reported that construction spending fell rather significantly month-over-month in January 2013. Econintersect sees the month-over-month comparisons a little worse. Government construction spending remains a drag on the relatively robustly expanding private sector. The backward … Continue reading

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Private Sector Construction Spending Grew in for December 2012

Written by Steven Hansen US Census reported that construction spending improved rather significantly month-over-month in December 2012. Econintersect sees the month-over-month comparisons a little worse. Government construction spending remains a drag on the relatively robustly expanding private sector. The backward … Continue reading

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Construction Spending for November 2012 Down, Still Strongly Expanding

Written by Steven Hansen US Census reported that construction spending declined slightly month-over-month in November 2012 – Econintersect sees the month-over-month comparisons a little worse.  Government construction spending remains a drag on the relatively robustly expanding private sector. The backward … Continue reading

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Healthy Increase In Construction Spending for October 2012

Written by Steven Hansen US Census reported that construction spending improved slightly month-over-month in October 2012 – Econintersect sees a healthy increase. Government construction spending remains a drag on the relatively robustly expanding private sector. The backward revision this month … Continue reading

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September 2012 Private Construction Has A Good Month

Written by Steven Hansen US Census reported that construction spending improved slightly month-over-month in September 2012 – Econintersect sees a decline again. Unfortunately, government construction spending continues to contract, and remains a drag on the relatively robustly expanding private sector. … Continue reading

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August 2012 Private Construction Spending Very Soft

Written by Steven Hansen US Census reported that construction spending declined slightly month-over-month in August 2012 – Econintersect sees a major decline. Unfortunately, government construction spending continues to contract, and remains a drag on the relatively robustly expanding private sector. … Continue reading

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July 2012 Private Construction Spending Expanded At a Good Pace

Written by Steven Hansen US Census reported that construction spending declined month-over-month in July 2012. Econintersect analysis shows construction spending expanded.  Unfortunately, government construction spending continues to contract, and remains a drag on the relatively robustly expanding private sector. Econintersect … Continue reading

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June 2012 Construction Continues to Show Private Sector Expansion

Written by Steven Hansen US Census reported that construction spending grew month-over-month in June 2012. I disagree as growth was not as good as last month in the private sector. Unfortunately, government construction spending continues to contract, and remains a … Continue reading

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May 2012 Construction Spending Growth is Stable

Written by Steven Hansen US Census reported that construction spending grew month-over-month in May 2012.  I would be real slow in accepting this as fact: the whole data series was revised back to January 2010 so one’s perspective of up … Continue reading

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April 2012 Construction Spending Continues to Show Sector Expansion

Written by Steven Hansen US Census reported that construction spending grew month-over-month in April 2012. Econintersect‘s analysis is that spending grew, just not as strong of growth as last month. Unfortunately, government construction spending continues to drag on the relatively … Continue reading

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Government Sector Dragging Down March 2012 Construction Spending

Written by Steven Hansen US Census reported that construction spending grew in March 2012. Unfortunately, government construction spending dragged on the robustly expanding private sector.  Government construction spending is outright contracting. US Census Analysis: Up 0.1% month-over-month and Up 6.0% … Continue reading

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February 2012 Construction Spending Is Up, Not Down

Written by Steven Hansen Media and Government sources say construction spending is down in February 2012.  This is a New Normal, and using seasonal adjustment methodology which includes the distortion of the recession will make you stupid. US Census Analysis: … Continue reading

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Construction Spending Rises From the Grave in January 2012

Written by Steven Hansen Construction spending is proving its long decline is over with January 2012 spending being the fourth month in a row of improvement year-over-year. US Census Analysis: Down 0.1% month-over-month and Up 7.1% year-over-year Market expected Up … Continue reading

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Construction Spending Bottoming Process Continued in December 2012

Construction spending is indicating its long decline is over with December 2011 spending the third month in a row of improvement year-over-year. US Census Analysis: Up 1.5% month-over-month and Up 4.3% year-over-year Market expected Up 0.4% to 0.5% month-over-month

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Construction Spending Growth Continued in November 2011

Construction spending improved in the month of November 2011 on a nominal basis and just showed its first back-to-back year-over-year gain in 49 months. However, the performance was mixed when adjusted for inflation. US Census Analysis: Up 1.2% month-over-month and … Continue reading

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Construction Spending Expanded in October 2011

Construction spending improved in the month of October 2011 – and depending on your method of analysis – Construction spending just showed its first year-over-year gain in 48 months. US Census Analysis: Up 0.8% month-over-month and Down 0.4% year-over-year Market … Continue reading

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Public Construction Spending Contracting Faster than Private Spending Expands In September 2011

US Census says construction spending is up 0.2% month-over-month but down 3.5% seasonally adjusted in September 2011.  The improving data for the last three months has been made “less good” through significant backward revision. Econintersect’s analysis: Down 0.9% month-over-month and … Continue reading

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