Construction Spending During January 2018
Earlier today, the U.S. Census Bureau -- which is part of the Commerce Department -- released its Construction Spending report for January 2018:
Predicted: +0.3%
Actual: 0.0%
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.
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Predicted: +0.3%
Actual: 0.0%
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.
- Estimated construction spending during January: $1,262,800,000.
- Previous month (revised): $1,262,700,000.
- Change from 12 months previous: +3.2%.
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Labels: construction_spending, hard_data
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