Construction Spending increased in October

[mEDITate-OR:
see that this road is very bumpy
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comments incoming
----------  Bill@CR's observations

Private residential spending is 65% below the peak in early 2006,

non-residential spending is 32% below the peak in January 2008.

Public construction spending is now 14% below the peak in March 2009.

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On a year-over-year basis, both private residential and non-residential construction spending have turned positive
but public spending is now falling on a year-over-year basis as the stimulus spending ends.
The year-over-year improvements in private non-residential are mostly due to energy spending (power and electric).
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Construction Spending increased in October
http://www.calculatedriskblog.com/2011/12/construction-spending-increased-in.html
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