The Commerce Department released a report on Wednesday showing construction spending in the U.S. increased in line with economist estimates in the month of September.
The report said construction spending climbed by 0.4 percent to an annual rate of $1.997 trillion in September after jumping by 1.0 percent to a revised rate of $1.988 trillion in August.
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April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.