After reporting a notable drop in U.S. construction spending in the previous month, the Commerce Department released a report on Monday showing that construction spending rebounded by slightly more than expected in February.
The report said construction spending rose 1.2 percent to a seasonally adjusted annual rate of $885.1 billion in February from the revised January estimate of $874.8 billion. Economists had expected spending to increase by about 1.1 percent.
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April 10, 2026 16:21 ET Inflation data from the U.S. was the main data event this week as the conflict in the Middle East continue. The minutes of the latest Fed policy session and the survey data on the services sector also made headlines. In Europe, manufacturing orders data from Germany was in focus. Price data from China drew attention in Asia.