US construction spending for October

US construction spending
  • prior month -0.5% revised to -0.1%
  • construction spending 0.2% versus +0.4% estimate
  • Construction spending was estimated at a seasonally adjusted annual rate of $1,598.0 billion, above the September estimate of $1,594.8 billion
  • Private construction -0.2% at $1,245.0 billion. September private construction came in at $1,247.9 billion
  • Public construction rose 1.8% to $353.0 billion, . That was above the revised September estimate of $346.8 billion

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