The Real Signal # 149 - Bullish On Flat Construction Pricing
Plus: Big Spike In LA Multi Permits And No Surprise: Rent Controls Drive Up Rents
Bullish On Flat Construction Pricing
“Construction Quits. Leading indicator.
At levels not seen since GFC.“
Scott Choppin Note:
First, definition of Quits per Grok: “Construction quits refer to voluntary job separations by employees in the construction industry, tracked by the BLS in the JOLTS report. The quit rate measures these as a percentage of emplo…
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