Is the Good News getting just a little too bubble gummy for you?
Well here is some more and then I think I gotta lay off as I am getting a sugar rush.
This out of recent economic news:
Builders boosted construction spending to an all-time highlast month while consumers opened their wallets wider.
That was the message coming from the latest batch of economic reports released Monday.
Commerce Department said total construction spending in March climbed to $1.199 trillion, on an annualized basis, surpassing the previous record high set in February. That marked a big 0.9 percent jump from February's level _ a performance that exceeded analysts' projections of a 0.3 percent gain.
Private builders ramped up spending on a wide variety of projects in March, including residential construction and factories. The government also spent more on big public works projects, including power plants.
Again,this only goes to show that the real estate cup is beyond half full.
