- Prior -0.4%. Revised to -0.1%
- Highest since May
Decent jump for public spending, +2.3% vs -1.65 prior, while private spending only increases 0.6% from 0.5% prior
US construction spending 02 12 2014
Federal government was behind a lot of the public spend as outlays rose 19.3% and the largest since Oct 2006
The dollar goes mildly bid once more. EUR/USD is hanging on to 1.2400 and USD/JPY is back up testing the 119.28 highs
US construction spending mm 02 12 2014
So far it’s a good sign towards Q4 GDP
