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U.S. construction spending rose 0.1% in September to an annual rate of $2.149 trillion.
U.S. construction spending rose by 0.1% in September to an annual rate of $2.149 trillion, exceeding expectations.
Public construction increased by 0.5%, driven by gains in educational and highway projects.
Private construction spending remained steady at $1.654 trillion, with residential construction up 0.2% and non-residential construction down 0.1%.
The annual growth rate of construction spending is now 4.6%, up from 4.1% the previous month.
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El gasto en construcción de EE.UU. aumentó un 0,1% en septiembre a una tasa anual de $2.149 billones.