Feb 16, 2020

AP's Crutsinger Cites Weather Three Times in Excusing Construction Spending Dive

The so-called experts supposedly took March's worse than usual weather in many parts of the country into account when they predicted that this morning's March Construction Spending report from the Census Bureau would come in with a seasonally adjusted increase of 0.4 percent or 0.5 percent. Instead, the result was a decline 0.6 percent, "unexpectedly" sending that metric to a six-month low...

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