Expect Manufacturing spending to rise considerably over the coming months as spring hits and northern projects kick into gear.
The average temperature of the contiguous U.S. in January was 29.2°F, 0.9°F below average, ranking in the coolest third of the 131-year record and the coldest January on record (2005–25) for the U.S. Climate Reference Network (USCRN). That slows projects…
Residential could take a hit in certain cities like DC, which is already seeing weakness given recent events. There will be other cities that feel the effects due to the funds not flowing there.
No, there will be no “housing crisis.” The market is nowhere near as levered compared to equity as it was in 06′-08.
These numbers are good overall.
“Davidson” submits:
Total Construction spending rises, Residential pops higher and Power revised higher. The data in this series reflect favorably on the execution of the reshoring narrative. Was nice to see a long awaited revision in construction for electrical power.
