Construction Spending At Record Levels
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The really good news is “manufacturing spending” surging.
“Davidson” submits:
Total Construction Spending is reported as holding at record highs. The recent drop in Residential Spending has been offset by a rise in Public Spending as Power Spending rises slowly and Manufacturing Spending holds at record levels. The spending trends are indicative of economic expansion and in line with the narratives about reshoring supply chains and the need for expanded electrical supply.
All the industrial issues recommended are benefiting from the trends represented in this data.
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Disclaimer: The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or ...
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