Steel Products
March 4, 2013
SMU Construction Update March 1st 2013
Written by Peter Wright
Written by: Peter Wright
The Commerce Department releases construction expenditure data on the first working day of each month, referred to as “Construction put in place” or CPIP. This data has to be sub divided because sectors do not move synchronously. They are affected by supply / demand fundamentals and sources of financing. CPIP is reported for multiple project types within the categories, “Private” and “State and Local.”
