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US November construction spending +0.2% vs -0.4% expected

US November construction spending +0.2% vs -0.4% expected
  • Prior was -0.3%
  • Private spending +0.3%
  • Public spending -0.1%
  • Spending at $1.808 trillion

This is good news for Q4 GDP. In 2023, the US infrastructure spending bill really kicks in and that should boost the government side as US home construction slows dramatically.

This article was written by A... Read More
Posted: Jan 3 2023, 15:00
Author Name: forexlive
Views: 110536

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