Prior month -1.1% revised to -0.8%
- Prior month's report
- Construction spending misses at 0.1% vs 0.4% expected
- Prior month revised to -0.8% from -1.1%. Offsets the miss this month.
- Private construction -0.1%.
- Residential +0.6% vs -0.9% last (and after 2 months of declines).
- Private non residential structures which included manufacturing and power plants, dropped -1.0%. Biggest decline since August 2017.
- Public spending up 0.7%
- Educational up 2.1%. Highways/streets up 0.4%.
