MoM Change in Construction Spending in the US
United States| Date | Value | ||
|---|---|---|---|
| Forecast | Actual | Deviation | |
| Date | Related Instruments Price Volatility | |||||
|---|---|---|---|---|---|---|
| 1 min later | 5 min later | 10 min later | 15 min later | 30 min later | ||
The month-over-month change in construction spending indicates how much total spending in the U.S. construction industry has increased or decreased compared to the previous month. This data is released monthly by the U.S. Census Bureau and is crucial for evaluating spending in residential, non-residential, and public construction sectors.
Month-over-month data helps to understand how construction spending is fluctuating over short periods. An increase in spending suggests that the construction industry is thriving, indicating economic expansion. Conversely, a decrease in spending suggests that the construction industry may be stagnating, indicating an economic slowdown.
This data serves as a reference for policymakers to evaluate trends in the construction industry and formulate appropriate economic policies. It is also an essential resource for businesses and investors to gauge trends in construction spending and forecast the economic outlook.
| Date | Value | Related Instruments Price Volatility | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Forecast | Actual | Deviation | 1 min later | 5 min later | 10 min later | 15 min later | 30 min later | 60 min later | ||
