Ekonomické zprávy
01.08.2024

U.S. construction spending unexpectedly decreases in June

The Commerce Department reported on Thursday that the U.S. construction spending fell 0.3 per cent m-o-m in June, following a downwardly revised 0.4 per cent m-o-m drop (from -0.1 per cent m-o-m) in May. 

Economists had predicted construction spending to increase by 0.2 per cent m-o-m in June.

According to the report, spending on private construction fell 0.3 per cent m-o-m in June, driven by a 0.3 per cent m-o-m decrease in residential spending and a 0.1 per cent m-o-m slip in non-residential spending. 

Meanwhile, the public construction outlays dropped 0.4 per cent m-o-m, paced by a 2.0 per cent m-o-m plunge in residential construction spending and a 0.4 per cent m-o-m decrease in non-residential construction spending. 

On a y-o-y basis, construction spending climbed 6.2 per cent in June. 

Podívejte se také