Monday, July 5, 2021

Angry Bear

Angry Bear


Construction Spending Falls 0.3% in May after March and April Spending Revised

Posted: 04 Jul 2021 06:30 AM PDT

Construction Spending Falls 0.3% in May after March & April Spending Revised Higher, Commenter RJS, Marketwatch 666 The Census Bureau report on construction spending for May (pdf) estimated that May’s seasonally adjusted construction spending would work out to $1,545.3 billion annually if extrapolated over an entire year, which was 0.3 percent (±1.0 percent)* below the revised annualized estimate […]

The post Construction Spending Falls 0.3% in May after March and April Spending Revised appeared first on Angry Bear.

June data starts out mixed: manufacturing strong, housing stalls

Posted: 04 Jul 2021 05:00 AM PDT

June data starts out mixed: manufacturing strong, housing stalls, New Deal democrat June data started out this morning with the ISM manufacturing report. There was no big change from last month's torrid pace. The overall index declined a very slight -0.6% to 60.6, while the leading new orders component declined by 1 to 66:Any number […]

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