Construction Spending

Key takeaways

• Construction spending data offers a timely snapshot of the U.S. building economy, impacting materials, labor, and related markets.

What happened

The U.S. Census Bureau released its latest Construction Spending data from the Value of Construction Put in Place Survey, which gives monthly estimates of the total dollar value of construction work completed on new or improved structures for both private and public sectors.

Why it matters

Construction spending is a key gauge of economic activity and future investment. It helps investors assess the health of the building and infrastructure markets and informs expectations for related sectors such as materials, labor, and real estate.

Short-term and longer-term

Short-term. The next construction spending release will be a key catalyst for short‑term market moves.

Longer-term. Over the coming months, construction spending trends will shape the outlook for infrastructure investment and related sectors.