Construction spending rose 0.3% in March much better than the expected 1.0% fall and February's 1.0%  decline (revised from -0.9%).  Real numbers are better than sentiment measures and while this number is bad for the dollar to the risk appetite equals dollar weakness crowd, that attitude is slowly waning. It is good for the dollar to the more traditional, though longer term, US recovery equals dollar strength crowd, which is the more forward looking analysis.