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The Week Ahead: Keeping an Eye on Construction Spending

in Daily Dose, Featured, News, Origination, Servicing March 1, 2019 2,288 Views

The U.S. Census Bureau will release data for new construction spending on Monday at 10 a.m. EST.  

The bureau’s last release revealed that construction spending during November 2018 was estimated at a seasonally adjusted annual rate of $1,299.9 billion, 0.8 percent above the revised October estimate of $1,289.7 billion. The November figure is 3.4 percent above the November 2017 estimate of $1,257.3 billion. During the first eleven months of this year, construction spending amounted to $1,200.7 billion, 4.5 percent above the $1,149.3 billion for the same period in 2017.

Here's what else is happening in the week ahead:

  • CoreLogic Home Price Insights report, Tuesday, 10 a.m. EST
  • MBA Mortgage Applications, Wednesday, 7 a.m. EST
  • Census Bureau New Home Sales, Wednesday, 10 a.m. EST
  • Ellie Mae Millennial Tracker, Wednesday, 10 a.m. EST
  • Federal Reserve Beige Book, Wednesday, 2 p.m. EST
  • Black Knight Mortgage Monitor, 9 a.m. EST
  • Fed Balance Sheet, Thursday, 4:30 p.m. EST
  • Bureau of Labor Statistics Jobs Report, Friday, 8:30 a.m. EST
  • Census Bureau Housing Starts, Friday, 8:30 AM ET

 

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About Author: Donna Joseph

Donna Joseph is a Dallas-based writer who covers technology, HR best practices, and a mix of lifestyle topics. She is a seasoned PR professional with an extensive background in content creation and corporate communications. Joseph holds a B.A. in Sociology and M.A. in Mass Communication, both from the University of Bangalore, India. She is currently working on two books, both dealing with women-centric issues prevalent in oppressive as well as progressive societies. She can be reached at [email protected].
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