Tag Archives: Construction

February Residential Construction, Consumer Prices, Industrial Production

Houses Started, Manufacturing Produced, Oil Up, Fed on Hold February Housing Starts increased by 5.2 percent to a 1,178,000 unit annual rate. Permits for new residential construction decreased by 3.1 percent to a 1,167,000 unit pace in February. The Consumer … Continue reading

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February ISM Manufacturing, January Construction Spending

Merely Mortal Data for Super Tuesday The ISM Manufacturing Index for February increased to a barely contractionary 49.5 percent. Construction Spending increased by 1.5 percent in January as highway construction surged. The ISM Manufacturing Index for February increased to 49.5 … Continue reading

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January Residential Construction, Producer Prices, Industrial Production

It’s Winter! Housing Snowed Out, Prices Up, Utility Output Up January Housing Starts decreased by 3.8 percent to a 1,099,000 unit annual rate. Permits for new residential construction ticked down by 0.2 percent to a 1,202,000 unit pace. The Producer … Continue reading

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January ISM-MF, December Income/Spending, Construction Spending

A Shifting U.S. Economy Struggles to Find Traction This Winter The ISM Manufacturing Index for January increased slightly to 48.2 percent, still indicating contraction. U.S. Personal Income lifted by 0.3 percent in December. Real disposable income gained 0.4 percent. Nominal … Continue reading

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December ISM Manufacturing, November Construction Spending

Manufacturing Sector Contracts for Second Month The ISM Manufacturing Index for December decreased again to a contractionary 48.2 percent. Construction Spending decreased by 0.4 percent in November as public construction eased. The ISM Manufacturing Survey declined in December to 48.2 … Continue reading

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November Residential Construction, Industrial Production

Stronger Construction and Weaker Production Numbers Launch Fed Day November Housing Starts increased by 10.5 percent to a 1,173,000 unit annual rate. Permits for new residential construction increased by 11.0 percent to a 1,289,000 unit pace. Industrial Production fell by … Continue reading

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October ISM Manufacturing, September Construction Spending

Manufacturing Sector Approaches Stall Speed The ISM Manufacturing Index for October decreased again to a barely-positive 50.1 percent. Construction Spending increased by 0.6 percent in September, boosted by private multi-family. The ISM Manufacturing Survey declined in October, for the fourth … Continue reading

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September Residential Construction, October Home Builders Survey

Builder Confidence Grows as Single-Family Construction Gains September Housing Starts increased by 6.5 percent to a 1,206,000 unit annual rate. Permits for new residential construction dropped in September by 5.0 percent to a 1,103,000 unit pace. The National Association of … Continue reading

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August ADP Jobs, Auto Sales, ISM MF Index, July Construction Spending

Grab Bag of Economic Data Consistent with Moderate Growth Economy The August ADP Employment Report showed a moderate increase of 190,000 private-sector jobs. Auto Sales zoomed to a robust 17.8 million unit rate in August. The ISM Manufacturing Index for … Continue reading

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June U.S. Employment, Auto Sales, ISM MF, UI Claims, May Construction Spending

U.S. Gains Momentum through Q2 as Greece Melts Down June Payroll Employment increased by 223,000 jobs. April and May were revised down by 60,000. The Unemployment Rate for June fell to 5.3 percent as the labor force shrank. Average Weekly … Continue reading

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