Non-Home Construction Spending Rises
By a point and a half meaning developments are being done, just at a very small scale that is enough good news for most people in the business. Any news it seems, as long as it is good is welcomed with open arms but experts warn of over optimism regarding such news for it has happened last month when surprisingly, the new home sale index also got a slight rise in points but swiftly fell down again. The recession is indeed taking its toll and people are not easily swayed by news of the sort anymore for it leads to false hope that it may be the end of the crisis. (more…)