US Construction Spending MoM (Oct) M/M 0.5% vs. Exp. 0.1%
The stronger-than-expected construction spending growth indicates robust activity in the sector, suggesting potential resilience in the broader economy.
US President Trump says negotiations on a deal with Ukraine are now close; believes that Ukraine-Russia can come together on a deal
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US Construction Spending MoM (Oct) M/M 0.5% vs. Exp. 0.1%
Tesla (TSLA) says no plans to reduce volumes or staff at Berlin plant
US President Trump says tremendous things are happening because of AI. The US is leading on this.
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A 0.5% increase versus the 0.1% expectation may bolster confidence in future GDP growth, which could have implications for monetary policy and interest rates moving forward.
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