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US construction spending - October
December 6, 2023

US construction spending rises in October

U.S. construction spending increased more than expected in October amid strong gains in single-family homebuilding, but data for the prior month was revised lower.

The Commerce Department said on Friday that construction spending rose 0.6%. Data for September was revised down to show construction spending climbing 0.2% instead of 0.4% as previously reported. Economists polled by Reuters had forecast construction spending climbing 0.4%.

Construction spending accelerated 10.7% on a year-on-year basis in October.

Keep reading on reuters.com


  • Revizto - Leaderboard - September and October 2024
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  • Premier Construction Software - Leaderboard New - Sept 5
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  • Canadian Concrete Expo 2025 - Leaderboard
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  • CWRE 2024