Construction Spending During April 2018
Earlier today, the U.S. Census Bureau -- which is part of the Commerce Department -- released its Construction Spending report for April 2018:
Predicted: +0.8%
Actual: +1.834% (+$23,600,000)
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: +0.8%
Actual: +1.834% (+$23,600,000)
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 April: $1,310,400,000.
- March (revised): $1,286,800,000.
- Change from 12 months previous: +7.613% (+$92,700,000.)
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| Construction Spending - April 2018 Update |
Labels: construction_spending, hard_data
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posted by Steve Brown | 6/01/2018 05:00:00 PM
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