Construction Spending Increased Slightly in August, Down 1.9% YoY

From the Census Bureau reported that overall construction spending increased slightly in August: Construction spending during August 2019 was estimated at a seasonally adjusted annual rate of $1,287.3 billion , 0.1 percent above the revised July estimate of $1,285.6 billion. The August figure is 1.9 percent below the August 2018 estimate of $1,312.2 billion. emphasis added Private spending decreased and public spending increased: Spending on private construction was at a seasonally adjusted annual rate of $955.0 billion, nearly the same as the revised July estimate of $954.8 billion. ... In......(read more)

Forward this article via email:  Send a copy of this story to someone you know that may want to read it.

from Around The Web https://ift.tt/2nvIV6T
via IFTTT

Outlying Areas Show Most Home Building per Capita

When NAHB's Home Building Geography Index (HBGI) was introduced, it allocated county single- and multifamily permits into seven regions based on population densities. These regions are representative of different types of housing markets in the United States. New work in this post offers a per capita analysis of the HBGI regionals, which corroborates earlier findings  of market share and growth... Read More ›...(read more)

Forward this article via email:  Send a copy of this story to someone you know that may want to read it.

from Around The Web https://ift.tt/2nwMBVT
via IFTTT

US manufacturing economy contracts to worst level in a decade

US manufacturing economy contracts to worst level in a decade<br/>https://ift.tt/2oayNjWread more)

Forward this article via email:  Send a copy of this story to someone you know that may want to read it.

from Around The Web https://ift.tt/2p1xep1
via IFTTT

Federal Banking Agencies Increase Transaction Value Appraisal Exemption

As we previously reported, last November the FDIC, Federal Reserve Board and Comptroller of the Currency (the federal banking agencies) proposed a rule to implement a rural residential property appraisal exemption under the Economic Growth, Regulatory Relief, and Consumer Protection Act (the Growth Act) and also increase the appraisal exemption based on transaction value from... Continue Reading…...(read more)

Forward this article via email:  Send a copy of this story to someone you know that may want to read it.

from Around The Web https://ift.tt/2ogqdQx
via IFTTT

Bets That Fed Rate Cuts Will Dent Dollar May Prove ‘Dangerous'

Bets That Fed Rate Cuts Will Dent Dollar May Prove ‘Dangerous'    Bloomberg...(read more)

Forward this article via email:  Send a copy of this story to someone you know that may want to read it.

from Around The Web https://ift.tt/2o8aiUy
via IFTTT

Bond Markets Are Unlikely to `Outperform' for the Rest of 2019, Says State Street's Timothy Graf

Bond Markets Are Unlikely to `Outperform' for the Rest of 2019, Says State Street's Timothy Graf    Bloomberg...(read more)

Forward this article via email:  Send a copy of this story to someone you know that may want to read it.

from Around The Web https://ift.tt/2oWWs7Y
via IFTTT

New York judge dismisses blue state suit over SALT tax deductions

Here's what's next after U.S. District Judge J. Paul Oetken dismissed a lawsuit filed by New York, New Jersey, Connecticut and Maryland against the IRS, Treasury Department and Treasury Secretary Steven Mnuchin....(read more)

Forward this article via email:  Send a copy of this story to someone you know that may want to read it.

from Around The Web https://ift.tt/2o2tRgN
via IFTTT