U.S. Construction Spending Rose 0.5% In September

(For September 2010)

U.S. construction spending rose 0.5% m-o-m in September vs. -0.5% consensus and revised (down -0.6%) 0.2% fall in August. On year level we are at -10.4%.

Revisions are so big that one can’t rely on this data.

Chart 1. U.S. Construction Spending

This entry was posted on Monday, November 1st, 2010 at 1:11 pm and is filed under U.S. Economic Data, U.S. Housing. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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