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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: ild who wrote (69235)	9/1/2006 10:07:46 AM
From: ild	Respond to of 110194

WASHINGTON (MarketWatch) -- Spending on U.S. construction projects fell by 1.2% in July, dragged down by a drop in private residential construction, the Commerce Department said Friday. Spending on home-building fell by 2.0% in July, the lowest rate since March 2005, another sign of the slowing housing market that has cooled the pace of the overall economy. Wall Street economists surveyed by MarketWatch were expecting construction spending to be flat in July. Spending on construction projects was down in four of six categories tracked by the government.

To: ild who wrote (69235)	9/1/2006 10:08:56 AM
From: Paul Kern	Read Replies (1) \| Respond to of 110194

DJ US ISM Aug Mfg Business Index 54.5 Vs July 54.7 DJ US ISM Aug Prices Index 73.0 Vs July 78.5 DJ US ISM Aug Employment Index 54.0 July 50.7 DJ US ISM Aug Production Index 56.6 Vs July 57.6 DJ US ISM Aug New Orders Index 54.2 Vs July 56.1 Corrected September 1, 2006 10:03 ET (14:03 GMT) DJ US ISM Aug Inventories 50.2 Vs July 50.5 DJ CORRECT: US ISM Aug New Orders Index 54.2 Vs July 56.1 DJ US ISM: Manufacturing Grows At 'Very Strong Pace' In Aug *DJ US ISM: 'Major Concerns' Remain Over Price Gains (MORE TO FOLLOW) Dow Jones Newswires 09-01-06 1003ET Copyright (c) 2006 Dow Jones & Company, In