WASHINGTON (MarketWatch)
Outlays for U.S. construction projects rose 0.8% in October, the Commerce Department reported Thursday.
The increase put spending on building at a seasonally adjusted annual rate of $798.5 billion.
This is still below the $799.6 billion level reached in June.
The gain in construction spending in October was above analysts' expectations of a 0.3% gain.
Year-over-year, construction spending is down 0.4%.
The data fit with recent trends where gains in private sector demand was partly offset by declines in public sector activity.
In October, spending on private construction rose 2.3%, with residential construction up 3.4%. Spending on public projects fell 1.8%.
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Billie, with academic training in Fundamental Mathematics and professional experience in Large Multinationals in the Information Technology sector, having held positions in high-level management positions, maintains that it is time to reduce Unproductive Public Expenditure and help the Private Sector in everything that is possible.
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1 comentario:
Se confirma la recuperación en el sector de la construcción de viviendas multifamiliares en USA, y se van a conceder más hipotecas.
Tb se confirma la disminución en la construcción de infraestructuras por parte del sector público, alineando con la reducción de gastos gubernamentales.
Buen dato macroeconómico para el sector privado, ya era hora. Nuestras viviendas explotarán en precio, le interesa a la Banca. Tiempo al Tiempo.
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