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A possible danger sign in US construction spending [ClearOnMoney]
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A possible danger sign in US construction spending

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Commentary

A possible danger sign in US construction spending

1 May 2013 by Jim Fickett.

US construction spending, with revisions, now shows a quite noticeable 4% drop from Dec 2012 to Mar 2013. This series involves quite a lot of guesswork and is heavily revised, so it is not time to declare a new trend just yet. However the drop appears to be larger than most of the noisy bumps up and down in the past, and might be an indication that the economy is slowing significantly.

(See the Reference page US construction spending for sources, background, and past commentary.)