“US manufacturing activity strongest since 2006” states “US manufacturing activity climbed to the highest level in more than three years last month, as a surge in new orders continued to fuel factory output.
“Separately on Monday, the commerce department said that construction spending fell to the lowest level since 2003 in November as residential homebuilding investment waned.”
WATCHDOG: A wag of the tail for manufacturing. A whimper for construction spending.
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