Construction of health facilities significantly outpaced other construction in August. Overall, health facilities construction starts increased 1.2 percent in July, versus a drop of 0.8 percent for other construction. Further, both private and public health facilities construction grew.
Construction of private health facilities grew 0.6 percent, versus a drop of 0.4 percent for other private construction. Construction of public health facilities increased a whopping 3.6 percent, versus a drop of 2.2 percent for other public construction. Is this what they mean by “infrastructure” spending – broken bridges and roads, while more VA and county hospitals spring up?
See Table I Below the fold: