Construction Spending Nears Pre-Recession Levels

As further evidence of strengthening housing and construction markets, the Commerce Department recently released construction spending data that indicates levels are nearing areas we haven't seen in nearly five years. Most notably, private construction saw a huge jump, which is a promising indicator as things continue forward. For many Blades Direct customers, this is great news, particularly as the cooler Fall season approaches. Now is a great time to take inventory on your Diamond Blades Products. Call us toll free our browse our inventory to learn about all of our available products.

Source: Reuters

U.S. construction spending hits highest level in 5-1/2 years

U.S. construction spending rebounded strongly to hit its highest level in more than 5-1/2 years in July as private construction increased and state and local government outlays surged, in a further sign of vigor in the economy. Construction spending increased 1.8 percent to an annual rate of $981.31 billion, the highest level since December 2008, the Commerce Department said on Tuesday... [READ MORE]