U.S. construction payrolls are sending mixed signals: non-residential employment just hit a record high, while residential payrolls remain near a cycle low. The divergence matters because housing and cyclical payrolls have often flagged turns in economic momentum.
published
U.S. construction payrolls are sending mixed signals: non-residential employment just hit a record high, while residential payrolls remain near a cycle low. The divergence matters because housing and cyclical payrolls have often flagged turns in economic momen
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