- Prior was -0.7%
- Construction spending during September 2022 was estimated at a seasonally adjusted annual rate of $1,811.1 billion, 0.2% above the revised August estimate of $1,807.0 billion
- Private construction +0.4%
- Public construction -0.4%
This is an important component in GDP and will lead to upward revisions on Q3 estimates. We already got the advance reading on Q3 last week.
