miss what is missing...
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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: November 2011
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Construction Spending increased in November http://www.calculatedriskblog.
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U.S. Construction Spending Shows Stronger Than Expected Growth
http://www.rttnews.com/ArticleView.aspx?Id=1790355
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