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MarketsReportedLow
2.1

US Construction Investment Rises 0.9% MoM in August, Falls 1.7% YoY

US construction spending increased 0.9% month-over-month in August, but declined 1.7% year-over-year, indicating a mixed picture. The monthly gain suggests resilience, while the annual drop points to underlying weakness. This data may influence growth expectations and rate path.

InfoMoney3 days agoUSCredibility 48%View source

Score Breakdown

Mosaic Score2.1
Model confidence0.9
Significance0.1
Source credibility0.5

Intelligence Tags

#construction#investment#us-economy#macro-data

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