U.S. Computer, Electronic, and Electrical Manufacturing Construction Spending Declines Since May 2024

U.S. Computer, Electronic, and Electrical Manufacturing Construction Spending Declines Since May 2024

After three years of rapid growth driven by semiconductor manufacturing projects, U.S. construction spending in the computer, electronic, and electrical manufacturing sectors peaked in May 2024. By October 2024, construction spending (seasonally adjusted annual rate) had decreased by 6.4%, signaling the beginning of a steady decline.

https://preview.redd.it/nq16axsu7u4e1.png?width=2000&format=png&auto=webp&s=40e7bd2022895b4bd9a6e5d972687a48bed74df1

submitted by /u/Pllover12
[link] [comments]

Make a post in our subreddit XGramatikInsights, and your thoughts will appear here!

Share the Post: