Friday, September 01, 2017

Construction Spending During July 2017

Earlier today, the U.S. Census Bureau -- which is part of the Commerce Department -- released its Construction Spending report for July 2017:

Predicted: +0.6%
Actual: -0.6%

The yellow-highlighted percentage represents the month-to-month change in new public and private construction activity for the United States. The "predicted" figure is what economists were expecting, while the "actual" is the true or real figure.

  • Previous Month (revised): -1.4%.
  • Change from 12 months previous: +1.8%.

Click here to view the full Census Bureau report