US Construction Spending MoM (Sep) M/M -0.6% (Prev. 0.2%)

The US construction spending data for September shows a month-over-month decline of 0.6%, reversing the previous month’s increase of 0.2%.

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US Construction Spending MoM (Sep) M/M -0.6% (Prev. 0.2%)

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This drop could indicate a slowdown in economic activity, potentially impacting future growth forecasts and influencing construction-related sectors. Traders may want to monitor how this affects overall market sentiment and expectations for future monetary policy.

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