Monday, January 10, 2011

Blog assignment #2

U.S Construction Spending
1.Individuals that would be interested in this statistic could be construction companies, the US itself so that they can have an idea of how much they are spending on construction, construction workers because they will be able to get an idea of the number of job opportunities, businesses that are budgeting to establish new buildings.
2.The statistic of the US construction spending was collected by the U.S Census Bureau in November 2010. This information is collected every ten years.
3. The total US contruction for Nov. 2010 was $810,225 while $806,686 in Oct. 2010
The percent change from Nov. 2010 to Oct. 2010 was 0.4; from Nov. 2010 to Nov. 2009 was -0.6. Although their is an increase on the spending that the US is spending on construction overall in the past couple of months, the percent from Nov. 2009 to Nov. 2010 is negative which means that in the past year the US has decrease its spending on construction.

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