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By: Alex Carrick on April 7th, 2021

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1,000-Word Chart: U.S. Put-in-Place Construction Spending

Economic News

Due to its complexity, much of the subject matter concerning the economy requires detailed editorial commentary, often supported by relevant tables and graphs.

At the same time, though, there are many topics (e.g., relating to demographics, housing starts, etc.) that cry out for compelling ‘shorthand’ visualizations.

Whichever path is followed, the point of the journey, almost always, is to reach a bottom line or two.

To provide additional value, ConstructConnect is now pleased to offer an ongoing series of 1,000-word charts.

These will help readers sort out the ‘big picture’ more clearly.

This 1,000-word chart looks at the Census Bureau's latest put-in-place construction spending numbers, as of February 2021.

Census Bureau's Latest Put-in-Place Construction Spending Numbers - February 2021
Among February 2021's M/M SA numbers, there were only 3 increases & none were even as high as +1.0%.  Residential and 'public safety' have recorded some good YTD and Y/Y increases, but there's little else to find that's exciting.
NSA is not seasonally adjusted / SA is seasonally adjusted.
Data source: Census Bureau.
Chart: ConstructConnect.

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About Alex Carrick

Alex Carrick is Chief Economist for ConstructConnect. He has delivered presentations throughout North America on the U.S., Canadian and world construction outlooks. Mr. Carrick has been with the company since 1985.