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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: mishedlo who wrote (14466)	11/1/2004 10:40:29 AM
From: mishedlo	Respond to of 116555

10:00am 11/01/04 U.S. Sept construction outlays flat vs up 0.5% expected By Greg Robb WASHINGTON (CBS.MW) - Spending on U.S. construction projects was unchanged in September after rising a revised 0.9 percent in August, the Commerce Department estimated Monday. The flat reading in September was below expectations of Wall Street economists surveyed by CBS MarketWatch, who had forecast a 0.5 percent gain. August outlays were also revised slightly higher to a 0.9 percent gain from the 0.8 percent increase previously estimated. Construction spending had risen for seven straight months. cbs.marketwatch.com