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Economic Data (USA)

Tuesday, October 01, 2019

Construction Spending During August 2019

Earlier today, the U.S. Census Bureau -- which is part of the Commerce Department -- released its Construction Spending report for August 2019:

Predicted: +0.3%
Actual: +0.135% (+$1,734,000,000)

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 August 2019: $1,287,306,000,000.

  • July 2019 (revised): $1,285,572,000,000.
  • Change from 12 months previous: -1.895% (-$24,865,000,000.)


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