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News Link • Economy - Economics USA

Lumber Futures Dump As US Construction Spending Slumps - Worst June Since 2000

• https://www.zerohedge.com, by Tyler Durden

Lumber prices are freefalling back towards pre-tariff levels...

And with home starts, permits, and sales all weaker...

It is no surprise that US construction spending tumbled in June...

Bearing in mind the upward revision for May, this is the worst construction spending drop for a June since the year 2000...

Still seem like a sustainable 4% economy?

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