US construction spending for December 0.5% versus 0.2% estimate ...Middle East

Prior month 0.0% revised to +0.2%Construction spending for December 0.5% vs 0.2% expected

Residential: $939.5B (+1.5% MoM)Nonresidential: $749.0B (+0.1% MoM)

Private Construction (Full-Year 2024): $1,661.7B (+5.6% YoY)

Residential: $917.9B (+5.9% YoY)Nonresidential: $743.8B (+5.3% YoY) This article was written by Greg Michalowski at www.forexlive.com.

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