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Construction Spending Growth Misses By Most In 14 Months

By Tyler Durden
Created 06/02/2014 - 09:14
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Submitted by Tyler Durden [1] on 06/02/2014 09:14 -0500



 

But... the pent-up demand? The post-weather spend-a-thon? US Construction spending rose a mere 0.2% MoM - missing the 0.7% expectations by the most since March 2013. Aside from January's plunge, this is the lowest growth in spending since August of last year.

 

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Source URL: http://www.zerohedge.com/news/2014-06-02/construction-spending-growth-misses-most-14-months

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