US construction spending data report for December 2015

  • Prior -0.4%. Revised to -0.6%

A miss and a worse revision. Construction sucked last month and is not much better this month. It can be a bit of a volatile report and the market is more interested in the even suckier ISM just out also.

Looking through the numbers, the biggest drop in non-residential since 2013 is likely to hit the next Q4 GDP revision

US construction spending details

US construction spending