Watching the Economy by Clint Burdett CMC® FIMC
June 6 2014
UPDATE - Residential Construction Spending Indicates Improvement in the Economy in 2014 But Slowing Down
Construction spending and change from last year continue to support the economy will grow in 2014 but as new home inventory is growing and the large home builders permit growth tailing off.
With inflation low, we see residential construction spending picking up.
But we see permits being issued slowing still growing but as a lesser rate. I think expectations that new home construciton will surge in 2014 is premature.
 Click for larger image
You may not reprint this article for sale without my expressed written permission.
You may post or reprint this article to educate as long as you credit my work
and provide a link to www.clintburdett.com
|
|
Click for larger image