Author Archives: John Rutledge

December New Construction Down 12.3%

(February 2, 2008) – The U.S. Census Bureau of the Department of Commerce announced today in its December 2007 Construction Report that construction spending during December 2007 was estimated at a seasonally adjusted annual rate of $1,140.2 billion, 1.1 percent … Continue reading

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Nonfarm Payrolls Down 17,000; or Up 635,000? Take Your Pick.

(February 1, 2008) – The Department of Labor released their January employment report, The Employment Situation: January 2008, this morning, reporting that nonfarm payroll employment and the unemployment rate were essentially unchanged in January at 138.1 million nonfarm payrolls–17,000 fewer … Continue reading

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