What Eric is looking at is spending. This is non organic spending by the Government for the public and private sector. It is akin to an anomaly..and you can find more information here:
The United States has experienced a striking surge in construction spending for manufacturing facilities. Real manufacturing construction spending has doubled since the end of 2021 (Figure 1).[1] The surge comes in a supportive policy environment for manufacturing construction: the Infrastructure Investment and Jobs Act (IIJA), Inflation Reduction Act (IRA), and CHIPS Act each provided direct funding and tax incentives for public and private manufacturing construction.
The result of the spending has been a no show since is started prior to the signing. If there is not an increase in actual manufacturing in 2025-26(substantial in late 2025 into 26), then we know it's wasteful spending.
AI
