Construction spending in the U.S. unexpectedly decreased in the month of January, according to a report released by the Commerce Department on Monday.The report said construction spending fell by 0.3 percent to an annual rate of $2.190 trillion in January after climbing by 0.8 percent to a revised rate of $2.198 trillion in December.Economists had expected construction spending to inch up by 0.1 p...
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May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.