The following chart shows the annual change in real total construction spending per capita.
Click to enlarge.
Source Data:
St. Louis Fed: Custom Chart
Philly Fed: State Coincident Indexes Increased in 44 States in March
(3-Month Basis)
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From the Philly Fed:
The Federal Reserve Bank of Philadelphia has released the coincident
indexes for the 50 states for March 2024. Over the past three mo...
2 hours ago
5 comments:
Mediocre at best. But as long as we keep manufacturing "good" headlines, all is well.
A chart of total construction from FRED says it all.
Oops, here's the link:
http://research.stlouisfed.org/fred2/series/TTLCONS
Linked in! That's what I'm talkin about!
mab,
Mediocre at best.
I almost went for agnificent, but figured with the drought and all, I didn't want to seem overly sarcastic. ;)
Today's "strong" construction spending report brings us back to 2004 levels. Woolhoo!
How about "bagnificent". For when the majority get left holding the bag.
And this blog is stagnificent. No joke. You've been on a serious roll. I can't keep up!
Your puns are mabnificent! ;)
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