Fourth Order ‘Rising Dollar’ Effects Hit 2017

By |2017-08-02T16:31:41-04:00August 2nd, 2017|Currencies, Economy, Federal Reserve/Monetary Policy, Markets|

Total construction spending fell considerably in June 2017, according to Census Bureau estimates released yesterday. Seasonally-adjusted, layouts for new construction declined by 1.3% from May. That’s the second time in the last three months there was such a large drop. Year-over-year (unadjusted), total spending grew by just 1.2%, the lowest rate of expansion since November 2011 (subject to revisions, which [...]