Construction Spending (MoM)

The Construction Spending released by the US Census Bureau is an indicator that measures the total amount of spending in the US on all types of construction. The residential construction component is useful for predicting future national new home sales and mortgage origination volume. A high reading is seen as positive, or bullish for the USD, while a low reading is seen as negative, or bearish.

Most recent - Monday 2 November 2026 15:00

Previous
0.9%
Revised
2%
Forecast
0.4%
Actual
-1.9%

Lower numbers than forecast tend to be bullish for xxx/USD pairs and bearish for USD/xxx pairs.

Next event - Tuesday 1 December 2026 15:00

Previous
-
Forecast
-
Actual
-

The typical/expected market impact of this event is low.

There is no forecast value for Construction Spending (MoM) yet - check back for updates.

Trading range

Forecast history

The most recent announced value for Construction Spending (MoM) was -1.9% against a forecast of 0.4%.

Past events

Date
Forecast
Actual
Monday 2 November 2026 15:00
0.4%
-1.9%
Thursday 1 October 2026 14:00
0%
0.9%
Tuesday 1 September 2026 14:00
0%
-0.5%
Monday 3 August 2026 14:00
0.2%
-0.1%
Wednesday 1 July 2026 14:00
0.2%
0.1%
Monday 1 June 2026 14:00
0.2%
0.4%
Thursday 7 May 2026 14:00
0.2%
0.6%
Thursday 7 May 2026 14:00
-
-0.2%
Monday 23 March 2026 14:00
0.1%
-0.3%
Friday 27 February 2026 15:00
0.3%
0.3%
Friday 27 February 2026 15:00
-
-0.2%
Wednesday 21 January 2026 15:00
0.1%
0.5%
Wednesday 21 January 2026 15:00
-
-0.6%
Monday 17 November 2025 15:00
-0.1%
0.2%
Tuesday 2 September 2025 14:00
-0.1%
-0.1%
Friday 1 August 2025 14:00
0%
-0.4%
Tuesday 1 July 2025 14:00
-0.2%
-0.3%
Monday 2 June 2025 14:00
0.3%
-0.4%
Thursday 1 May 2025 14:00
0.2%
-0.5%
Tuesday 1 April 2025 14:00
0.3%
0.7%
Monday 3 March 2025 15:00
0%
-0.2%
Monday 3 February 2025 15:00
0.1%
0.5%
Thursday 2 January 2025 15:00
0.3%
0%
Monday 2 December 2024 15:00
0.2%
0.4%
Friday 1 November 2024 14:00
0%
0.1%
Tuesday 1 October 2024 14:00
0.1%
-0.1%
Tuesday 3 September 2024 14:00
0%
-0.3%
Thursday 1 August 2024 14:00
0.2%
-0.3%
Monday 1 July 2024 14:00
0.1%
-0.1%
Monday 3 June 2024 14:00
0.2%
-0.1%
Wednesday 1 May 2024 14:00
0.3%
-0.2%
Monday 1 April 2024 14:00
0.6%
-0.3%
Friday 1 March 2024 15:00
0.2%
-0.2%
Thursday 1 February 2024 15:00
0.5%
0.9%
Tuesday 2 January 2024 15:00
0.5%
0.4%
Friday 1 December 2023 15:00
0.4%
0.6%

Economic context

Recent economic data has been broadly neutral for USD. Other recent announcements which may affect the market's interpretation of the next Construction Spending (MoM) result:

PreviousLatest
Michigan Consumer Expectations IndexBullish change48.850.9
Michigan Consumer Sentiment IndexBullish change4851
UoM 1-year Consumer Inflation ExpectationsBearish change4.7%4.3%
UoM 5-year Consumer Inflation ExpectationBearish change3.5%3.4%
Average Hourly Earnings (MoM)Bullish change0.3%0.4%
Average Hourly Earnings (YoY)Bearish change3.2%3.1%
Labor Force Participation RateBullish change61.8%61.9%
Nonfarm PayrollsBullish change60K165K
U6 Underemployment RateBearish change7.6%7.9%
Unemployment RateBullish change4.2%4.1%
Initial Jobless ClaimsBullish change195K189K
Nonfarm ProductivityBullish change2.1%3.6%
Unit Labor CostsBearish change1.9%-0.7%
Challenger Job CutsBullish change43.281K43.994K
ISM Services Employment IndexBullish change50.151.4
ISM Services New Orders IndexBearish change59.855.9
ISM Services PMIBearish change54.954.5
ISM Services Prices PaidBearish change7473
S&P Global Composite PMIBearish change57.655.9
ADP Employment Change(no change)86K86K
Factory Orders (MoM)Bullish change0.3%1.8%
JOLTS Job OpeningsBullish change7.19M7.523M
ISM Manufacturing Employment IndexBearish change52.752.4
ISM Manufacturing New Orders IndexBullish change55.355.5
ISM Manufacturing PMIBullish change54.555.5
ISM Manufacturing Prices PaidBearish change77.975.2
Chicago PMIBearish change58.855.3
Employment Cost IndexBearish change0.9%0.8%
Core Personal Consumption Expenditures - Price Index (MoM)(no change)0.3%0.3%
Core Personal Consumption Expenditures - Price Index (YoY)Bullish change3%3.1%
Core Personal Consumption Expenditures (QoQ)Bearish change3.3%2.5%
Gross Domestic Product AnnualizedBullish change2.2%3.4%
Gross Domestic Product Price IndexBearish change6.1%2.2%
Initial Jobless ClaimsBullish change195K194K
Personal Consumption Expenditures - Price Index (MoM)Bullish change0.3%0.5%
Personal Consumption Expenditures - Price Index (YoY)Bullish change3.4%3.6%
Personal Consumption Expenditures Prices (QoQ)Bearish change5%2.1%
Personal Income (MoM)Bearish change0.3%0.2%
Personal SpendingBearish change0.9%0.5%
Fed Interest Rate Decision(no change)4%4%
New Home Sales Change (MoM)Bearish change5.1%-0.6%
Housing Price Index (MoM)Bullish change0.2%0.3%
Durable Goods OrdersBullish change0.1%1.8%
Durable Goods Orders ex DefenseBullish change0.3%2.2%
Durable Goods Orders ex TransportationBullish change0.3%0.5%
Nondefense Capital Goods Orders ex AircraftBearish change1.6%0.5%
ADP Employment Change 4-week averageBearish change17.5K16.8K

About Construction Spending (MoM)

Country:United States
Currency:USD
Source:US Census Bureau
Category:Housing Market
Frequency:Monthly
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