US construction spending for July -0.3% versus -0.1% expected ...Middle East

Prior month -0.3%Total Construction: Down for the month. Still higher on the year. Seasonally adjusted annual rate: $2,162.7 billion (-0.3% below June estimate)+6.7% above July 2023 estimateYear-to-date (first 7 months): $1,237.5 billion (+8.8% above same period in 2023)Private Construction: Lower on the month and the yearSeasonally adjusted annual rate: $1,678.7 billion (-0.4% below June estimate)Residential Construction:Seasonally adjusted annual rate: $941.6 billion (-0.4% below June estimate). Up 7.7% YoYNonresidential Construction:Seasonally adjusted annual rate: $737.2 billion (-0.4% below June estimate). Up 4.5% YoY. Public Construction:Seasonally adjusted annual rate: $484.0 billion

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US construction spending for July -0.3% versus -0.1% expected ...Middle East

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