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Construction Spending Up Slightly in November

Construction Spending Up Slightly in November The U.S. government is reporting that total construction spending in November was at a seasonally adjusted annual rate of $ 1,625 billion, which is up 0.4% from October’s revised estimate.  However, November’s figure is 9.3% higher than one year ago.  Residential construction was at a seasonally adjusted annual rate

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Real Personal Consumption Expenditures and Personal Income by State

Real Personal Consumption Expenditures and Personal Income by State For the first time, the U.S Bureau of Economic Analysis released official statistics of real state personal consumption expenditures (Real PCE) by state.  According to the report, across the nation Real PCE decreased 3.8% in 2020.  Note;  Real state PCE is a state’s current-dollar PCE adjusted

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