Tag Archives: Construction

March ADP Jobs, ISM MF Index, February Construction Spending, January Case-Shiller HPI

Grab Bag of Economic Data Consistent with Moderate Growth Economy The March ADP Employment Report showed a moderate increase of 189,000 private-sector jobs. The ISM Manufacturing Index for March eased to a still-positive 51.5 percent. Construction Spending for February was … Continue reading

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February Residential Construction, Industrial Production

Housing Stops and Industrial Reduction February Housing Starts fell hard by 17.0 percent to an 897,000 unit annual rate. Permits for new residential construction increased in February by 3.0 percent to a 1,092,000 unit pace. The National Association of Home … Continue reading

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February ISM Manufacturing, January Income and Construction Spending

Manufacturing Sector Still Expanding but Headwinds are Increasing The ISM Manufacturing Index for February decreased again to a still-positive 52.9 percent. January Personal Income increased by 0.3 percent for the second month in a row. January Personal Consumption Expenditures decreased … Continue reading

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January ISM Manufacturing, December Income and Construction Spending

Manufacturing Sector Still Expanding but West Coast Docks Problematic The ISM Manufacturing Index for January decreased to a still-positive 53.5 percent. December Personal Income increased by 0.3 percent with little help from wages and salaries. December Personal Consumption Expenditures decreased … Continue reading

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November Residential Construction, Industrial Production, December Rig Count

¬†Home Construction Dips, MF Output Surpasses Pre-Recession Peak November Housing Starts dipped by 1.6 percent to a 1,028,000 unit annual rate. Permits for new residential construction fell in November by 5.2 percent to a 1,035,000 unit pace. The Industrial Production … Continue reading

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July Residential Construction, Consumer Prices

Construction Revved Up, Prices Tame July Housing Starts were up significantly, by 15.7 percent to a 1,093,000 unit annual rate. Permits for new residential construction increased in July by 8.1 percent to a 1,052,000 unit pace. The Consumer Price Index … Continue reading

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March Residential Construction, Industrial Production

Starts Up, Production Up and Positive for GDP March Housing Starts were up by 2.8 percent to a 946,000 unit annual rate. Permits for new residential construction decreased in March by 2.4 percent to a 990,000 unit pace. Industrial Production … Continue reading

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Comerica Economic Weekly

True to form, March came in like a lion and went out like a lamb, at least in terms of economic data. Now we get to see whether or not April is in fact the cruelest month. So far, it … Continue reading

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January Residential Construction, Producer Prices

Bad Winter Freezes Construction, New Producer Price Report January Housing Starts fell by 16.0 percent to an 880,000 unit annual rate. Bad weather was a factor. Permits for new residential construction dropped in January by 5.4 percent to a 937,000 … Continue reading

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July Intl. Trade and Construction Spending, August ISM Manufacturing

Trade Gap Widens at the Start of Q3¬† The U.S. International Trade Gap widened in July to -$39.1 billion after narrowing significantly in June. Construction Spending increased by 0.6 percent in July, with gains in private nonresidential. The August ISM … Continue reading

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