December 14, 2018

It was a Good Year

Economic Expansion Broadened in '18

Related Industry Construction

It was a Good Year

Issue 25 – Third Quarter 2018

It would be easy to argue that U.S. economic performance in 2018 was better than it has been in 13 years. While there has been abundant negativity regarding the propriety of tariffs, trade skirmishes, abandonment of various treaties, shifting immigration policy, recently announced layoffs at GM, and rapidly expanding national debt, there can be little debate regarding whether near-term performance has been solid. It has been.

Table of Contents
  • It was a Good Year
  • Joe’s View
  • Exhibit 1. Construction Employment Growth, 20 Largest U.S. Metropolitan Areas, October 2017 v. October 2018
  • Exhibit 2. Nonresidential Spending, October 2018
  • Exhibit 3. Nonresidential Construction Spending, October 2015 through October 2018
  • Exhibit 4. Employment Growth, 20 Largest U.S. Metropolitan Areas October 2017 v. October 2018

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