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US Oct construction spending m/m +1.0% vs +0.6% expected

Discussion in 'Market News' started by ForexLive, Dec 1, 2015.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
    Likes Received:
    US Oct construction spending - Sept spending rose +0.6% m/m Construction spending is a big factor in GDP. The ISM manufacturing data and this report will factor into the update from the Atlanta Fed's GDPNow forecast that will be released sometime in the next few hours. Their current estimate is +1.8%.

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