Construction Spending Growth - September 2019


ECONODAY: Construction spending improved for a third straight month in September, up 0.5 percent and near the top end of Econoday's consensus range though year-on-year change, at minus 2.0 percent, remains in the negative column and offers a reminder of prior declines. But the news for September is positive led by a 1.3 percent monthly rise in single-family construction, a key area that helps boost residential investment in the GDP account and which will provide new supply and new choices for buyers in the new home market...