“Ben Bernanke’s mad money printing is making its impact.  Analysis of October’s construction spending patterns by the Associated General Contractors of America found ongoing building expenditures running at a $872 billion annual rate. That’s up 9.6 percent in a year – and the highest level of activity in 37 months.  Residential efforts ran especially strong: New single-family construction hit its highest mark since November 2008; multifamily construction hit a three-year high; and home improvements ran at a five-year high.  This is all a Bernanke manipulated boom—next stop price inflation 2013.”

http://www.economicpolicyjournal.com/2012/12/us-construction-hits-37-month-high.html

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