Global| May 01 2020U.S. Construction Unexpectedly Rises in March
Summary
• • • The value of construction put-in-place dropped 1.3% in February ....... The construction spending figures, some of which date back to 1946, as well as and US Population-Weighted Heating and Cooling Days can be found in Haver's [...]
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The value of construction put-in-place dropped 1.3% in February .......
The construction spending figures, some of which date back to 1946, as well as and US Population-Weighted Heating and Cooling Days can be found in Haver's USECON database. The expectations reading can be found in the AS1REPNA database.
| Construction Put in Place (SA, %) | Mar | Feb | Jan | Mar Y/Y | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|
| Total | 0.9 | -2.5 | 2.6 | 4.7 | 0.0 | 3.3 | 4.5 |
| Private | 0.7 | -3.1 | 2.5 | 3.7 | -2.2 | 3.2 | 6.0 |
| Residential | 2.3 | -4.8 | 3.3 | 8.8 | -4.5 | 2.8 | 12.4 |
| Nonresidential | -1.3 | -1.2 | 1.6 | -1.8 | 0.5 | 3.7 | -0.7 |
| Public | 1.6 | -0.6 | 3.1 | 7.9 | 6.9 | 3.6 | -0.1 |
Gerald D. Cohen
AuthorMore in Author Profile »Gerald Cohen provides strategic vision and leadership of the translational economic research and policy initiatives at the Kenan Institute of Private Enterprise.
He has worked in both the public and private sectors focusing on the intersection between financial markets and economic fundamentals. He was a Senior Economist at Haver Analytics from January 2019 to February 2021. During the Obama Administration Gerald was Deputy Assistant Secretary for Macroeconomic Analysis at the U.S. Department of Treasury where he helped formulate and evaluate the impact of policy proposals on the U.S. economy. Prior to Treasury, he co-managed a global macro fund at Ziff Brothers Investments.
Gerald holds a bachelor’s of science from the Massachusetts Institute of Technology and a Ph.D. in Economics from Harvard University and is a contributing author to 30-Second Money as well as a co-author of Political Cycles and the Macroeconomy.
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