- Prior month -0.1% revised to -0.4%
- Development spending for June -0.3% versus 0.2% anticipated
Whole Development:
- June 2024 building spending: $2,148.4 billion (seasonally adjusted annual charge)
- Lower from Could 2024: -0.3%
- Enhance from June 2023 YoY: +6.2%
- First six months of 2024 spending: $1,034.8 billion
- Enhance from first six months of 2023: 8.6%
Personal Development:
- Personal building spending (June 2024): $1,664.6 billion (seasonally adjusted annual charge)
- Lower from Could 2024: -0.3%
- Residential building spending (June 2024): $928.0 billion
- Lower from Could 2024: -0.3%
- Nonresidential building spending (June 2024): $736.6 billion
- Lower from Could 2024: -0.1%
Public Development:
- Public building spending (June 2024): $483.9 billion (seasonally adjusted annual charge)
- Lower from Could 2024: -0.4%
- Instructional building spending (June 2024): $101.9 billion
- Lower from Could 2024: -0.9%
- Freeway building spending (June 2024): $143.5 billion
- Lower from Could 2024: -0.4%
This text was written by Greg Michalowski at www.forexlive.com.
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