Click to enlarge.
From 1993 through 1999, one could estimate with great precision how much money was being spent on office construction simply by knowing how the stock market was doing.
From 2000 through 2007, one could still make a reasonably accurate estimate.
From 2008 to present, this device could have done better.
Click to enlarge.
OUTLOOK NOT SO GOOD!
Source Data:
St. Louis Fed: S&P 500 vs. Office Construction Spending
St. Louis Fed: Employment Level - Sales and Office Occupations
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Posted by: Tukiyooo
The Age of Chaos (Musical Tribute) Updated at :
3:27 PM
Tuesday, September 3, 2013
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