From my favorite economics blog…..
By Bill McBride of calculatedriskblog.com, TUESDAY, APRIL 01, 2014
The Census Bureau reported
that overall construction spending increased in February.
- Private residential spending is 47% below
the peak in early 2006, and up 58% from the post-bubble low.
- Non-residential spending is 23% below the
peak in January 2008, and up about 42% from the recent low.
- Public construction spending is now 18%
below the peak in March 2009 and up less than 1% from the recent low.
Read the full
article at this link:
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