Construction spending, Trade
by WARREN MOSLER Highlights A solid rise in residential spending offset a mixed showing for non-housing components and made for a 0.1 percent July rise in overall construction spending to barely … Read more
construction
Ancient Egyptian Sphinx Discovered During Road Construction Between Temples
An Egyptian infrastructure project has been halted after construction workers found a sphinx-like statue during roadworks between the ancient temples of Karnak and Luxor. Learn More: www.rt.com/news/435309-egypt-…
Investor Alert: Less Than 3% Of The Index Is At A New 52-week High While Wage Growth, Construction, Jobs Added, Auto Sales, Home Sales Has Been Slowing.
For those out there who are getting overly excited over the S&P 500, this one’s for you. Less than 3% of the index is at a new 52-week high. twitter.com/DavidInglesTV/status/1025185689090981888 … Read more
Biggest Apartment-Construction Boom-Towns Are Not What You May Think
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter No, it’s not Seattle. Denver is by far #1. New York isn’t even in the top 25. And it explains why rents in Chicago are collapsing. … Read more
Construction spending, NYC real estate, Saudi pricing, Trump on Harley
by WARREN MOSLER Last month revised a lot lower, and this month weak as well, as inflation-adjusted spending growth remains negative: Note from US Census: Notice: With this release, unadjusted … Read more
Dow Jones Home Construction Index: Trouble Is Brewing
via Chris Kimble After topping in January 2018, the stock market has become a bumpy ride. We endured a correction on most major stock indexes and are now chopping sideways. … Read more
Trump Keeping His Promise to Construction Workers
Jacob Airey for the Daily Wire reports, President Donald Trump touted his Infrastructure Initiative in a speech on Thursday to a crowd of construction workers in Richfield, Ohio, telling them, … Read more
Construction spending, Private credit growth, Turkey
by WARREN MOSLER Worse than expected, weak, and decelerating: Highlights Construction spending has been soft, inching only 0.1 percent higher in February after posting no change in January but there are … Read more
Higher Treasury Yields Crushing Last Year’s Darling – Home Construction
via Tom Bowley U.S. indices continued to tread water on Thursday, with mixed action among our major indices and sectors. The Dow Jones posted a triple digit gain (165 points), but … Read more
BORDER WALL CONSTRUCTION BEGINS!
The federal government began work Wednesday to replace a section of border wall in California, the first wall contract awarded in the Trump administration outside of eight prototypes that were … Read more
Vehicle sales, Construction spending, GDP comments, Comments on tax cuts, Comments on fed policy
by WARREN MOSLER Even lower than expected as weakness continues: U.S. Light Vehicle Sales decline to 17.1 million annual rate in January By Bill McBride Feb 1, (calculated Risk) — Based … Read more
Construction spending, Saudi Pricing, NY real estate
by WARREN MOSLER Prior month revised down, keeping the chart looking very weak for this ‘hard data’ release: Looks like the Saudis mean to keep a bit of upward pressure on … Read more
As MSNBC Reports on Wall Construction, Illegal Aliens Scale Border Fence (VIDEO)
by Chris Black In a very ironic plot twist, MSNBC’s viewers-of which most are probably disagreeing with President Trump’s “big, beautiful” border wall all along the Mexico border- were given … Read more
2017 U.S. Apartment Construction at 20-Year High Might Not Be Enough to Meet National Demand
Annual new apartment completions have been steadily increasing since 2011 and are expected to reach over 346K new units this year, the highest level in 20 years, according to a … Read more
Donald Trump to Order Construction of Mexico Wall and Ban Visas to Citizens of “Terror-Prone” Countries
by Amna El Tawil According to reports, President Donald Trump will order the construction of Mexico border wall today. White House officials told the New York Times that Mr. … Read more