Does a dip in construction spending indicate an economic slowdown?
Share Now on:
Construction spending has been at an all-time high, reaching over $1.3 trillion last year. Over the last few months, that’s slipped a little bit. It could indicate broader economic slowdown, but economists attribute the slippage to too much demand and not enough workers. They see it as a sign that construction may be overheating rather than cooling down.
Click the audio player above to hear the full story.
News and information you need, from a source you trust.
In a world where it’s easier to find disinformation than real information, trustworthy journalism is critical to our democracy and our everyday lives. And you rely on Marketplace to be that objective, credible source, each and every day.
This vital work isn’t possible without you. Marketplace is sustained by our community of Investors—listeners, readers, and donors like you who believe that a free press is essential – and worth supporting.