- Prior month -0.1% revised to +0.1%
- US building spending for September x.x% versus 0.0% anticipated
- Building spending 4.6% YoY vs 4.1% final month
Personal Building:
- Spending at an annual price of $1,653.6 billion, just about unchanged from August.
- Residential Building: $913.6 billion, up 0.2% from August. Final month -0.3%.
- Nonresidential Building: $740.0 billion, down 0.1% from August. Final month +0.1%
Public Building:
- Spending at an annual price of $495.2 billion, a 0.5% improve from August. Final month was 0.3%
- Academic Building: $104.2 billion, up 0.3% from August.
- Freeway Building: $141.0 billion, up 0.5% from August.
The info is stronger month on month with a revision larger from -0.1% to +0.1%. The positive aspects have been in public building with instructional and freeway building main the best way.
Within the personal sector, residential building was larger after final months decline, however nonresidential building fell offsetting the positive aspects from final month.
This text was written by Greg Michalowski at www.forexlive.com.
