Reply #21: U.S. Nov. construction outlays fall 0.4% unexpectedly

[UpInArms]

http://cbs.marketwatch.com/news/newsfinder/pulseone.asp?dateid=38355.4170685532-830613634&siteID=mktw&scid=0&doctype=806&

WASHINGTON (CBS.MW) - U.S. construction outlays dropped a seasonally adjusted 0.4 percent in November, the first decline in 10 months, the Commerce Department reported Monday. Economists polled by CBS MarketWatch were expecting a gain of about 0.5 percent. Spending on private building projects fell 0.6 percent, the largest decline since January 2002. Outlays for home building fell 0.4 percent, the sharpest decline in nearly three years. Spending on business structures and infrastructure declined 1.2 percent, the largest drop since last January. Meanwhile, public construction outlays increased 0.4 percent in November.

10:00am 01/03/05 U.S. NOV. PRIVATE NONRESIDENTAL OUTLAYS FALL 1.2%

10:00am 01/03/05 U.S. NOV CONSTRUCTION OUTLAYS BELOW EXPECTED 0.5% GAIN

10:00am 01/03/05 U.S. NOV. RESIDENTIAL OUTLAYS FALL 0.4%

10:00am 01/03/05 U.S. NOV. PRIVATE CONSTRUCTION OUTLAYS FALL 0.6%

10:00am 01/03/05 U.S. NOV. CONSTRUCTION OUTLAYS FALL 0.4% V. UP 0.3% OCT

10:01am 01/03/05 U.S. DEC. ISM MANUFACTURING INDEX ABOVE 58.3% CONSENSUS

10:01am 01/03/05 U.S. DEC. ISM MANUFACTURING INDEX 58.6% VS 57.8% IN NOV