Keough's Korner 
Recent Posts
- It pays to listen to your employees
- Construction spending drops again
- Manufacturing continues to drop
- Tidbits from NAHAD meeting
- Growth in Canadian housing market
- Strong market forecast for welding equipment
- Housing starts hit 17-year-low
- Purchasing talks about MRO buying
- Grainger sales climb
- A hand for the truck?
Recent Comments
- Lissa on A lesson in customer service
- Diamond Davo Supremo on Grainger expands in Pittsburgh
- David on Stimulus tax bill and small business
- Jack Keough on Non-commissioned sales force: good or bad idea
- rob on Non-commissioned sales force: good or bad idea
Most Commented On
- A lesson in customer service (8)
- After 80 years of cooking, she’s burned out (4)
- Can you hear me now? (4)
- Skilled labor shortage is still major concern (4)
- Myths about China and U.S. manufacturing (3)
Archives
- May 2008
- April 2008
- March 2008
- February 2008
- January 2008
- December 2007
- November 2007
- October 2007
- September 2007
- August 2007
- June 2007
- May 2007
- March 2007
- January 2007
- December 2006
- November 2006
- October 2006
- September 2006
- August 2006
- July 2006
- June 2006
- May 2006
- April 2006
- January 2006
- September 2005
- August 2005
- June 2005
- May 2005
- April 2005
Blog
Link This | Email this | Blog This | Comments (0)
Construction spending drops again
There seems to be no good news for the housing sector. The Commerce Department reported today that construction spending in March dropped by 1.1%, to a seasonally adjusted annual rate of $1.12 trillion, the fifth decline in the past six months. The sharp drop off was fueled by a decrease of 4.6% in private residential spending. Before a very slight increase in February, housing construction had fallen for 23 consecutive months.
Construction spending drops again
May 1, 2008
There seems to be no good news for the housing sector. The Commerce Department reported today that construction spending in March dropped by 1.1%, to a seasonally adjusted annual rate of $1.12 trillion, the fifth decline in the past six months. The sharp drop off was fueled by a decrease of 4.6% in private residential spending. Before a very slight increase in February, housing construction had fallen for 23 consecutive months.
Posted by Jack Keough on May 1, 2008 | Comments (0)
Advertisement
Advertisements
