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.

Next event - Monday 3 August 2026 14:00

Previous
0.1%
Forecast
0.2%
Actual
-

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

The consensus forecast for Construction Spending (MoM) is 0.2%. A higher value than forecast tends to be bullish for USD/xxx pairs and bearish for xxx/USD pairs.

Most recent - Wednesday 1 July 2026 14:00

Previous
0.4%
Revised
0.3%
Forecast
0.2%
Actual
0.1%

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

Trading range

Forecast history

The most recent announced value for Construction Spending (MoM) was 0.1% against a forecast of 0.2%.

Past events

Date
Forecast
Actual
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%
Friday 2 January 2026 15:00
-0.1%
-
Monday 1 December 2025 15:00
-0.1%
-
Monday 17 November 2025 15:00
-0.1%
0.2%
Monday 3 November 2025 15:00
-0.1%
-
Wednesday 1 October 2025 14:00
-0.1%
-
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%
Wednesday 1 November 2023 14:00
0.4%
0.4%
Monday 2 October 2023 14:00
0.5%
0.5%
Friday 1 September 2023 14:00
0.5%
0.7%

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 change5455.4
Michigan Consumer Sentiment IndexBullish change54.455.2
UoM 1-year Consumer Inflation Expectations(no change)4.2%4.2%
UoM 5-year Consumer Inflation Expectation(no change)3.3%3.3%
Chicago PMIBullish change56.757.6
Employment Cost Index(no change)0.9%0.9%
Core Personal Consumption Expenditures - Price Index (MoM)Bearish change0.3%0.1%
Core Personal Consumption Expenditures - Price Index (YoY)Bearish change3.4%3.3%
Core Personal Consumption Expenditures (QoQ)Bearish change4.4%3.4%
Gross Domestic Product AnnualizedBearish change2.1%1.5%
Gross Domestic Product Price IndexBullish change3.6%6.3%
Initial Jobless ClaimsBearish change188K197K
Personal Consumption Expenditures - Price Index (MoM)Bearish change0.5%-0.1%
Personal Consumption Expenditures - Price Index (YoY)Bearish change4.1%3.7%
Personal Consumption Expenditures Prices (QoQ)Bullish change4.6%5.1%
Personal Income (MoM)Bearish change0.7%0.2%
Personal SpendingBearish change0.9%0.3%
Fed Interest Rate Decision(no change)3.75%3.75%
Housing Price Index (MoM)Bullish change-0.1%0.3%
ADP Employment Change 4-week averageBearish change16.25K15K
Durable Goods OrdersBullish change-4%0.3%
Durable Goods Orders ex DefenseBullish change-4.3%0.3%
Durable Goods Orders ex TransportationBearish change1.8%0.6%
Nondefense Capital Goods Orders ex AircraftBearish change1.9%0.9%
New Home Sales Change (MoM)Bullish change-4.3%1.6%
S&P Global Composite PMIBullish change51.953.6
S&P Global Manufacturing PMIBearish change53.953.8
S&P Global Services PMIBullish change51.253.6
Initial Jobless ClaimsBullish change209K187K
ADP Employment Change 4-week averageBearish change19.25K16.5K

About Construction Spending (MoM)

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