US November building spending Zero.Zero% vs +Zero.three% anticipated

• Prior was +Zero.four% (revised to +Zero.5%)

• Building spending at $2.152T annual price, unchanged from October
• Personal building +Zero.1% m/m to $1.651T
• Public building -Zero.1% m/m to $501.9B
• YoY development +three.Zero% vs +6.5% prior

Segments:

&]:mt-2 list-disc space-y-2 pl-Eight” depth=”Zero”>
• Residential: +Zero.1% m/m, up three.1% y/y
• Nonresidential: flat m/m, +2.Eight% y/y
• Manufacturing: -Zero.2% m/m however nonetheless sturdy at +11.three% y/y

Building spending holding regular however dropping momentum in comparison with earlier in 2024. If I had a want for the US in 2025, it might be guidelines to make building simpler and transfer more-quickly. The distinction with China is stark and miserable.

This text was written by Adam Button at www.ubaidahsan.com.



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