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9 Feb 2024

Construction spending has surged on late cycle government stimulus, helping to drive economic growth in the US

But it is coming at a cost as the US government is running an enormous deficit for a non-recessionary period $1.5 trillion for 2024 alone, down slightly from 2023 Source: Bloomberg, markets & Mayhem

#construction

Construction spending has surged on late cycle government stimulus, helping to drive economic growth in the US

Construction spending has surged on late cycle government stimulus, helping to drive economic growth in the US

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