Construction Spending
Monthly report on the amount of money that is being spent on the construction of commercial, residential, and public developments. The Commerce Department gathers the data and composes the report for the public. A high level of construction spending usually results in other areas of consumer spending improving. As consumers start building new homes, they start purchasing other products to go inside that home, and so forth.
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Canaccord Genuity Morning Coffee on SPDR Homebuilders ETF (XHB): I Thought the House Always Wins?
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Construction Spending 0.4%, in-line with consensus
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Trading Radar for 08/01: MasterCard (MA), Green Mountain (GMCR), Time Warner (TWX), Comcast (CMCSA), MetLife (MET), Avon (AVP)Report
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Stocks Crossing 50-Day SMA 07/30: (CAG) (XCO) (LUV) Above; (AMRN) (FSLR) (LOW) Below
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FOMC Minutes: June 19-20 Meeting
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Construction Spending comes in at 0.9% versus the consensus of 0.2%
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Trading Radar for 07/02: China Jo-Jo Drugstores (CJJD) Reports
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Notable ETF Movers of the Day 06/01: (GLD) (VXX) Higher; (DIA) (XLF) Lower
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Apr. Construction Spending Up 0.3%, vs. Cons. 0.4%
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Trading Radar for 06/01: Modine Manufacturing (MOD), Graham (GHM) Report
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FOMC Minutes from Apr. 24-25th Meeting: Several Members Pointed at Further Easing If Recovery Wanes
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Mar. Construction Spending Rose 0.1%, vs. Cons. +0.5%
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Trading Radar for 05/01: Sirius XM (SIRI), Pfizer (PFE), Chesapeake Energy (CHK), BP plc (BP), Motorola Mobility (MMI), Office Depot (ODP) Report
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KeyBanc Starts Encore Wire (WIRE) at Hold; Solid Company, But Near-Term Upside May Be Limited
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FOMC Minutes from March 13, 2012 Meeting
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Feb. Construction Spending Fell 1.1%, vs. Cons. Up 0.6%
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Trading Radar for 04/02: Parkervision (PRKR), Lifeway Foods (LWAY), Uluru (ULU) Report
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Goldman Cuts Q1 GDP Growth Estimate from 2.3% to 2%... and Then Again to 1.9%
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Notable ETF Movers of the Day 03/01: (GLD) (XRT) (SPY) Higher; (VXX) (TAN) Lower
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Jan. Construction Spending Down 0.1%, vs. Cons. +1.0%
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Trading Radar for 03/01: Kroger (KR), Foot Locker (FL), Kenneth Cole (KCP), Cbeyond (CBEY), Lawson Products (LAWS) Report
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FOMC Minutes from Jan. 24-25th Meeting
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Notable ETF Movers of the Day 02/01: (SPY) (XHB) (TAN) Higher; (VXX) (UNG) (UUP) Lower
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Dec. Construction Spending Rose 1.5%, vs. Cons. 0.5%
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Trading Radar for 02/01: Las Vegas Sands (LVS), Whirlpool (WHR), Shutterfly (SFLY), Northrop Grumman (NOC), Marathon Oil (MRO) Report
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KeyBanc Upgrades Terex (TEX) to Buy; Macro Data & Improving Industry Sentiment Should Drive Growth
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Notable 52-Week Highs and Lows of the Day 01/04: (FTK) (LIZ) (HD) High; (TRID) (EK) (APKT) Low
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Jefferies Raises Price Target on Acuity Brands (AYI), Sees Inline Q1 Results
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Market Wrap: Iran Gets Testy in Hormuz; Shale M&A Wins the Day; Fed Aims for Transparency
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Financials Lead Markets Higher, Try to Erase Abysmal FY11 Performances (C) (BAC) (GS)
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Streetinsider.com's Hot Lunchtime Reads 01/03: (F) (RIMM) (GRPN) (MCP) (UPS)
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Notable ETF Movers of the Day 01/03: (XLF) (SPY) (USO) Higher; (VXX) (XLU) Lower
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Construction Spending in November Jumps 1.2%
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Nov. Construction Spending Up 1.2%, vs. Cons. Up 0.5%
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Oct. Construction Spending Rises 0.8%, vs. Cons. 0.3%
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Trading Radar for 12/01: Barnes & Noble (BKS), Lululemon (LULU), Kroger (KR), H&R Block (HRB) Report
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Minutes from Nov. 1-2 FOMC Meeting: Some Members Showed Interest in More Easing
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Sept. Construction Spending: 0.2%, vs. Cons. 0.3%
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Trading Radar for 11/01: Sirius (SIRI), Dollar Thrifty (DTG), Dunkin' (DNKN), Watson Pharma (WPI), Petsmart (PETS) Report
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FOMC Minutes from Sept. 20-21 Meeting: Some Members Wanted QE3 Option to Remain
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Top 10 News Items 10/03-10/07: While the Man May Be Gone, Legends Never Die; Jobs Report Surprises to the Upside; Stocks Rebound Immediately After Entering Bear Market
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Stocks Bounce on Strong ISM/Construction Spending Readings: Dow Up 60, Nasdaq Up 13, S&P 500 Up 7
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Aug. Construction Spending: +1.4%, vs. Cons. -0.2%
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Trading Radar for 10/03: Wolverine World Wide (WWW), K12 (LRN), Western Refining (WNR) Report
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Jul. Construction Spending: -1.3%, vs. Cons. +0.2%
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Trading Radar for 09/01: Ciena (CIEN), UTI Worldwide (UTIW), H&R Block (HRB), Verifone (PAY) Report
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Jun. Construction Spending: +0.2%, vs. Cons. +0.1%
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Trader Radar for 08/01: Humana (HUM), Sohu (SOHU), Changyou (CYOU) Report; Constructio Spending, ISM Due
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Construction Spending down 0.6% versus the consensus of +0.1%
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FBR Capital maintains an 'Outperform' on Sovran Self Storage (SSS); The Source of Sovran Wealth; Touring SSS Headquarters

