The
Commerce Department said spending on overall construction
projects dropped by 0.3% to a seasonally adjusted annual rate of
$1.196 trillion in September. The September figure is 2.9% above the
September 2005 estimate of $1,162.1 billion. During the first 9 months of
this year, construction spending amounted to $903.2 billion, 6.6% above
the $847.1 billion for the same period in 2005.
Residential construction was at a
seasonally adjusted annual rate of $610.0 billion in September, 1.1% below
the revised August estimate of $617.0 billion. Housing activity fell for a
sixth straight month, the longest such stretch six monthly declines in a
row since the first half of 1995.
Nonresidential construction
was at a seasonally adjusted annual rate of $312.7 billion in September,
0.1% above the revised August estimate of $312.3 billion. Spending on
total private construction was at a seasonally adjusted annual rate of
$922.7 billion, 0.7% below the revised August estimate of $929.4 billion.
Continue reading... "Residential Construction Fell 1.1% and Manufacturing Down to 3-Year Low" »
During
the first three quarters of this year, $19.7 billion has been raised by
U.S. venture capital funds, compared with $16.7 billion during the same
period in 2005, 
Traffic
to the Sirius.com website on Oct. 25 was up 91% compared to the week
before (Oct. 18) and up 201% vs. same day a year ago, according to Hitwise
data, 
Despite
the proliferation of new product introductions in 2005, the market for
packaged fruit, fruit juices, and fruit confectionaries held fast at $20.8
billion, 
Worldwide,
social-network ad spending will reach $2.8 billion in 2010, up from $445
million in 2006, while ad
spending on U.S. social-networking sites in 2007 is expected to reach $865
million, up from $350 million in 2006, and will reach $2.15 billion in
2010, 
India's
television business is getting ready to boom, 
