Construction Spending Up In July in Some Categories

Overall construction spending last month inch down 0.6%. However, while construction spending was down in residential and commercial categories, there were a few bright spots in their report . Particularly in Public and Transportation related construction. Any growth in good news. I was surprised but happy to see it. Investment News had a great summary article reporting on the news. See the following list below. See the following list below.

Construction Spending
Source: Investment News

Residential..................... -2.1% from June 2008
.......................................-27.1% from July 2007
Office..............................+2.1% from June 2008
.......................................+16.8% from July 2007
Health Care....................+0.1% from June 2008
.......................................+6.3% from July 2007
Education.......................+1.7% from June 2008
.......................................+6.3% from July 2007
Transportation...............+3.8% from June 2008
.......................................+11.5% from July 2007
Public Construction.......+1.4% from June 2008
.......................................+8.1% from July 2007