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Economy

Economic Data (USA)

Friday, September 01, 2006

Construction Spending during July, 2006

Earlier today, the U.S. Census Bureau -- which is part of the U.S. Commerce Department -- released the Construction Spending report for July, 2006:

Predicted: 0.0%
Actual: -1.2%

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 actual or real figure.

Overall construction spending is up by 5.1% when compared to the numbers from July, 2005.

Click here to view the full Census Bureau report.


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