Pantheon Macroeconomics - Markets reacted strongly to yesterday's consensus-beating data, with the ISM manufacturing survey drawing most of the attention as the industrial recession thesis took another body blow. But we are more interested in the strong construction spending data for January, which set the first quarter off on a very strong note.

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02 Mar. 2016 State and Local Government Construction Set to Boost Q1 GDP

By Ian Shepherdson

Markets reacted strongly to yesterday's consensus-beating data, with the ISM manufacturing survey drawing most of the attention as the industrial recession thesis took another body blow. But we are more interested in the strong construction spending data for January, which set the first quarter off on a very strong note.

Posted: 2nd Mar 2016 in 'U.S. Documents'

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