US May construction spending -0.1% vs +0.4% expected

  • US May construction spending
US construction spending
  • Prior was +0.2% (revised to +0.8%)

The revisions here offsets the miss. We get the Atlanta Fed GDPNow update shortly and it got lots of attention yesterday as it fell into negative territory. This is largely neutral but the ISM manufacturing numbers could weigh further.

Top Brokers

Sponsored

General Risk Warning