TeleTrade - Analytics

    TeleTrade

    772.50 6.50/10
    81% of positive reviews
    Real

    01.10.2015 14:22 Construction spending in the U.S. is up 0.7% in August

    The U.S. Commerce Department released construction spending data on Thursday. Construction spending in the U.S. rose 0.7% in August, exceeding expectations for a 0.5% gain, after a 0.4% increase in July. July's figure was revised down from a 0.7% rise.

     

     

    The increase was mainly driven by a rise in private residential construction. Spending on private residential construction climbed 1.3% in August.

     

     

    Spending on private non-residential construction projects increased 0.2% in August, while public construction spending increased 0.5%.


    To leave a comment you must or Join us


    By visiting our website and services, you agree to the conditions of use of cookies. Learn more
    I agree