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Friday, March 30, 2007

Construction Spending during February, 2007

Earlier today, the U.S. Census Bureau -- which is part of the U.S. Commerce Department -- released the Construction Spending report for February, 2007:

Predicted: -1.0%
Actual: +0.3%

Change from last year: -2.4%

The above percentages represent the month-to-month change in new public and private construction activity for the United States. The "predicted" figure is what economists and Wall Street forecasters were expecting, while the "actual" is the true or real figure.

Click here to view the full Census Bureau report.

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