UP UP UP - Construction Spending UP for November

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Real Estate

Construction Spending UP for November - UP .6%. This is good news for the economy and housing market! A .6% gain seems small, but on an annualized bases, this is 7.2%! GREAT NEWS! The economy is humming along!   

U.S. Census Bureau.
Construction Spending
01/03/2020 10:00 AM EST
Total construction activity for November 2019 ($1,324.1 billion) was 0.6 percent (+/-1.0 percent)* above the revised October 2019 ($1,316.8 billion).
November 2019: +0.6* % change
October 2019 (r): +0.1* % change

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