Construction Spending During July 2019
Earlier today, the U.S. Census Bureau -- which is part of the Commerce Department -- released its Construction Spending report for July 2019:
Predicted: +0.3%
Actual: +0.056% (+$724,000,000)
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: +0.3%
Actual: +0.056% (+$724,000,000)
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 July 2019: $1,288,794,000,000.
- June 2019 (revised): $1,288,070,000,000.
- Change from 12 months previous: -2.718% (-$36,009,000,000.)
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| Chart: Construction Spending - July 2019 Update |
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Labels: construction_spending, hard_data
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posted by Steve Brown | 9/03/2019 08:53:00 PM
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