US construction spending for April -0.4% versus 0.3% estimate. ...Middle East

Prior month -0.8% revised from -0.5% previously reported.Construction spending -0.4% versus 0.3% expected

Overall much weaker than expected from US construction spending as it reacts to higher rates and economic/employment uncertainty.

This article was written by Greg Michalowski at www.forexlive.com.

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