Construction spending up 0.9% in May on surge in homebuilding

We expect some reversal of that effect in 2019 and 2020 pushing growth in consumer spending down from our previous forecast of 2.6% in each year to 2.4%. Our simulation work suggests that the impact.

S&P/Case-Shiller: Home prices rise 0.9% S&P Case-Shiller Price Index rise 6.3% in December – Home prices continued to climb as 2017 ended. The S&P CoreLogic Case-Shiller national home price index rose 6.3% in December, up from 6.1% a month earlier. In December, the 20-City Composite.

 · Extensive global economic calendar for November 20, 2016 providing dates, times and results of upcoming and past reports that impact world economies. Designed with an eye for the needs of online forex trading, but of interest to a wide range of speculators, traders, and others interested in global economic conditions.

LenderLive names Pete Pannes chief revenue officer Prior to joining Rocketrip, Sechrist was part of the team that grew Salesforce from pre-revenue to over $1 billion in revenue. He helped define the best practices that built Salesforce into a SaaS powerhouse, eventually becoming both the company’s #1 sales manager and #1 account executive globally.

Construction of highways and streets plummeted 1.9% m/m (+13.2% y/y) in March but this was after having jumped up 11.4% m/m in January and 8.9% m/m in February. For all of the first quarter, construction of highways and streets soared 15.1% q/q. The construction spending figures, some of which date back to 1946, are in Haver’s USECON database

US construction spending falls 0.8% in May, first decline in 6 months, as housing remains weak Log in or create an account A MarketBeat account allows you to set up a watchlist and receive notifications for stocks you are interested in. Follow up to five stocks for free.

WTI crude fell 1.7% to $58.38/bbl after news that several EU nations set up a trade channel with Iran to avoid U.S. sanctions. Reviewing Friday’s economic data, which included the Personal Income and spending report for May, the final reading for the University of Michigan Index of Consumer Sentiment for June, and the Chicago PMI for June:

Spending on U.S. construction projects climbed more than forecast in December, showing the housing industry is sustaining gains that may lift the economy. Outlays rose 0.9 percent to a $. December.

Radian earns $70 million in third quarter Production was up 137,000 barrels (97,000 barrels Imperial’s share) from the fourth quarter of 2014, and up 22,000 barrels (16,000 barrels Imperial’s share) from the third. 0 million and lower.

The weakness in May was widespread with spending on single-family homes and apartments down 0.6% while nonresidential construction fell 0.9%. Spending on government projects also dropped 0.9%, led.

US Construction Spending Drops 0.9% as Housing Takes a Hit US construction spending drops 0.9% as housing drops to two-year low. By Associated Press , Wire Service Content May 1, 2019

Economists polled by Reuters had forecast construction spending rising only 0.5 percent in October. Construction outlays were up 13 percent compared to October. reflecting increases in home.

A surge in homebuilding pushed U.S. construction spending up by the largest amount in five months, the latest indication that the housing sector is slowly recovering. construction spending rose 0.9 percent in May, following a 0.6 percent rise in April, the Commerce Department reported Monday, July 2, 2012.