Construction Spending
Monthly report on the amount of money that is being spent on the construction of commercial, residential, and public developments. The Commerce Department gathers the data and composes the report for the public. A high level of construction spending usually results in other areas of consumer spending improving. As consumers start building new homes, they start purchasing other products to go inside that home, and so forth.
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Streetinsider.com's Hot Lunchtime Reads 01/03: (F) (RIMM) (GRPN) (MCP) (UPS)
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Notable ETF Movers of the Day 01/03: (XLF) (SPY) (USO) Higher; (VXX) (XLU) Lower
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Construction Spending in November Jumps 1.2%
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Nov. Construction Spending Up 1.2%, vs. Cons. Up 0.5%
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Oct. Construction Spending Rises 0.8%, vs. Cons. 0.3%
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Trading Radar for 12/01: Barnes & Noble (BKS), Lululemon (LULU), Kroger (KR), H&R Block (HRB) Report
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Minutes from Nov. 1-2 FOMC Meeting: Some Members Showed Interest in More Easing
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Sept. Construction Spending: 0.2%, vs. Cons. 0.3%
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Trading Radar for 11/01: Sirius (SIRI), Dollar Thrifty (DTG), Dunkin' (DNKN), Watson Pharma (WPI), Petsmart (PETS) Report
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FOMC Minutes from Sept. 20-21 Meeting: Some Members Wanted QE3 Option to Remain
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Top 10 News Items 10/03-10/07: While the Man May Be Gone, Legends Never Die; Jobs Report Surprises to the Upside; Stocks Rebound Immediately After Entering Bear Market
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Stocks Bounce on Strong ISM/Construction Spending Readings: Dow Up 60, Nasdaq Up 13, S&P 500 Up 7
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Aug. Construction Spending: +1.4%, vs. Cons. -0.2%
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Trading Radar for 10/03: Wolverine World Wide (WWW), K12 (LRN), Western Refining (WNR) Report
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Jul. Construction Spending: -1.3%, vs. Cons. +0.2%
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Trading Radar for 09/01: Ciena (CIEN), UTI Worldwide (UTIW), H&R Block (HRB), Verifone (PAY) Report
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Jun. Construction Spending: +0.2%, vs. Cons. +0.1%
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Trader Radar for 08/01: Humana (HUM), Sohu (SOHU), Changyou (CYOU) Report; Constructio Spending, ISM Due
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Construction Spending down 0.6% versus the consensus of +0.1%
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FBR Capital maintains an 'Outperform' on Sovran Self Storage (SSS); The Source of Sovran Wealth; Touring SSS Headquarters
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Apr. Construction Spending: +0.4%, vs. Cons. +0.3%
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Trading Radar for 06/01: Dollar General (DG), Vera Bradley (VRA), Shanda Interactive (SNDA), Daktronics (DAKT) Report
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US Construction Spending for March Looks Strong
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Mar. Construction Spending: Up 1.4%, vs. Cons. 0.4%
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Trading Radar for 05/02: Dish Network (DISH), JinkoSolar (JKS), ADP (ADP), Massey Energy (MEE) Report
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FBR Capital Maintains a 'Market Perform' on Travelers (TRV); Strong Start to the Year, But We See More Upside Elsewhere
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Feb. Construction Spending: -1.4%, vs. Cons. -0.2%

