Free Trial

August construct spending +0.5% vs +0.4%....>

US DATA: August construct spending +0.5% vs +0.4% expected, while 
July construct rev down to -1.2% (prev -0.6%), but June construct rev 
up to -0.8% (prev -1.4%). Private spending +0.4%, with private 
residential building +0.4% and nonresidential building +0.5%. Private 
1-family home construct +0.3% and multi-family +0.9%. Residential 
construct excluding new homes +0.5% from a rev down +0.3% in July, 
according to an MNI calculation. For private nonresidential construct, 
there were generally gains, partially offset by declines in 
communication and manufacturing. Public construct +0.7%, with state and 
local govt construct +1.1%, but Federal construct -4.7%. See MNI main 

To read the full story



MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.