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Re: jedijazz post# 3668

Wednesday, 09/09/2020 11:17:54 AM

Wednesday, September 09, 2020 11:17:54 AM

Post# of 3943
The news from SODE today gives us a solid and comprehensive view of all the comapny's operation in the building and infrastructure industry. I especially like the stats given on the very high dollar values in this growing business sector today.

From the news:

Our core market, public works construction, is robust with opportunity. According to the United States Censu Bureau Report Issued September 1, 2020, Construction spending during July 2020 was estimated at a seasonally adjusted annual rate of $1,364.6 billion, 0.1 percent (±1.2 percent)* above the revised June estimate of $1,362.8 billion. The July figure is 0.1 percent (±1.6 percent)* below the July 2019 estimate of $1,366.0 billion. During the first seven months of this year, construction spending amounted to $792.6 billion, 4.0 percent (±1.2 percent) above the $761.9 billion for the same period in 2019. We have the people and model in place to capitalize on this large market opportunity