Construction Spending Unrelated To Harvey and Irma (Though Some That Is)

By |2018-03-02T17:01:22-05:00March 2nd, 2018|Currencies, Economy, Markets|

Public construction spending has rebounded since July last year on what looks to be storm-related cleanup costs. The Census Bureau unfortunately does not break down total spending by geographic region, which, obviously, would clarify whether or not this has been the case. For now, absent also estimates for Q4 state and local tax collections, we will have to be content [...]