Self-Checking Forecast « Construction Analytics
Two plots track how construction forecast matches up to actual spending. The light line is the monthly growth predicted by … Read more
Two plots track how construction forecast matches up to actual spending. The light line is the monthly growth predicted by … Read more
Construction spending for 2022 in the 2-1-23 release is $520 billion, up 11.6% Construction Starts (per Dodge) up ~38% in … Read more
The significance of the manufacturing industry on a worldwide scale cannot be overlooked. According to the Economic Policy Institute, securing … Read more
2-1-23 Initial Year end construction spending for 2022 is out today. This is when I compare my forecast for 2022 … Read more
2-2-23 Total construction spending in 2023 will increase only 4.2% over 2022. Nonresidential Buildings will lead construction spending in 2023 … Read more
Construction volume is spending without inflation. If we want to know whether business is growing, we need to look at … Read more