CHAPTER 12

Construction Cycles

In collaboration with Will Metzfield and Charles Nulsen

The cycle that construction levels go through can be used as a key economic indicator that reflects the general state of the economy. Understanding construction cycles allows for the understanding of why the markets are behaving the way they are, as well as giving a sort of predictive base for future events to be based off.

The Federal Reserve made a controversial decision to continue not to raise rates as they didn’t believe the economy had climbed back enough from the collapse in 2007 yet. With a current interest rate near zero, the economy should be stimulated enough to grow at a steady pace, yet this doesn’t seem to be the case. Caterpillar, a large industrial ...

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