United States Construction Spending (MoM)
Source: US Census Bureau
Frequency: Monthly
The Construction Spending released by the US Census Bureau is an indicator that measures the total amount of spending in the US on all types of construction. The residential construction component is useful for predicting future national new home sales and mortgage origination volume. A high reading is seen as positive, or bullish for the USD, while a low reading is seen as negative, or bearish.
Construction Spending (MoM)
UNITED STATESUSD
Next Release
n/aConsensus
0.1%
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