| Construction Spending |
An economic indicator that measures the amount of spending towards new construction. Released monthly by the U.S. Department of Commerce's Census Bureau, it looks at residential and non-residential construction in the private sector, and state and federal at the public level.
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This measure has a minimal effect on the markets but is used to help predict upcoming GDP numbers as construction investment is a factor in GDP calculations.
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Economic Indicators to Know - The economy has a large impact on the market, so investors should know how to interpret these eleven indicators. |
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