U. S. Census Bureau Construction Spending June 2010 - 08/03/10 02:31 PM

U.S. Census Bureau of the Department of Commerce
Construction Spending
June 2010


The U.S. Census Bureau of the Department of Commerce announced today that construction spending during June 2010 was estimated at a seasonally adjusted annual rate of $836.0 billion, 0.1 percent above the revised May estimate of $834.8 billion. The June figure is 7.9 percent below the June 2009 estimate of $907.7 billion. During the first 6 months of this year, construction spending amounted to $389.6 billion, 11.2 percent (±1.1%) below the $438.7 billion for the same period in 2009. 
U. S. Census Bureau full report … (0 comments)

"Challenges for the Economy and State Governments" speech by Fed Chairman Ben Bernake - 08/03/10 01:29 PM
"Challenges for the Economy and State Governments" Federal Reserve Bank August 3, 2010 Speech By Fed Chairman Ben Bernake
"After a precipitous decline in late 2008 and early 2009, the U.S. economy stabilized in the middle of last year and is now expanding at a moderate pace. While the support to economic activity from stimulative fiscal policies and firms' restocking of their inventories will diminish over time, rising demand from households and businesses should help sustain growth.
In particular, in the household sector, growth in real consumer spending seems likely to pick up in coming quarters from its recent modest pace, … (0 comments)

July 2010 Manufacturing Report from the Institute of Supply Management - 08/03/10 01:16 PM
Institute of Supply Management
July 2010 Manufacturing Report
August 2, 2010
PMI at 55.5%. "Manufacturing continued to grow during July, but at a slightly slower rate than in June. Employment, supplier deliveries and inventories improved during the month and reduced the impact of a month-over-month deceleration in new orders and production. July marks 12 consecutive months of growth in manufacturing, and indications are that demand is still quite strong in 10 of 18 industries. The prices that manufacturers paid for their inputs were slightly higher but stable, with only a few items on the short supply list." 
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Paige Rausch

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