March 3, 2018
2018 Is Shaping Up to be Excellent
Momentum Builds after Solid 2017
Issue 22 – Fourth Quarter 2017
Within a few months, the current, much-critiqued, intensely scrutinized economic expansion will begin its 10th year. Given the level of present momentum in early 2018, there is every reason to believe that the current expansion cycle will become the longest in U.S. economic history.
Table of Contents
- Momentum Builds after Solid 2017
- Exhibit 1. Nonresidential Spending, December 2017
- Joe’s View
- Exhibit 2. Nonresidential Construction Spending, December 2015 through December 2017
- Exhibit 3. Construction Employment Growth, 20 Largest U.S. Metropolitan Areas, December 2016 v. December 2017
- Fourth Quarter 2017 Performance
