U.S. Construction Spending Increases In Line With Estimates In September

RTTNews | 666天前
U.S. Construction Spending Increases In Line With Estimates In September

(RTTNews) - 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.

Economists had expected construction spending to rise by 0.4 percent compared to the 0.5 percent increase originally reported for the previous month.

The Commerce Department said spending on private construction rose by 0.4 percent to annual rate of $1.556 trillion in September.

Spending on residential construction advanced by 0.6 percent to a rate of $872.0 billion, while spending on non-residential construction inched up by 0.1 percent to a rate of $683.9 billion.

The report said spending on public construction also increased by 0.4 percent to an annual rate of $440.6 billion in September.

While spending on educational construction surged by 1.9 percent to a rate of $94.4 billion, spending on highway construction edged down by 0.2 percent to a rate of $131.1 billion.

read more
U.S. Pending Home Sales Fall More Than Expected In July

U.S. Pending Home Sales Fall More Than Expected In July

A report released by the National Association of Realtors on Thursday showed pending home sales in the U.S. fell by more than expected in the month of July. NAR said its pending home sales index decreased by 0.4 percent to 71.7 in July after sliding by 0.8 percent to 72.0 in June. Economists had expected pending home sales to edge down by 0.1 percent.
RTTNews | 33分钟前
U.S. Economy Surges More Than Previously Estimated In Q2

U.S. Economy Surges More Than Previously Estimated In Q2

The U.S. economy grew by more than previously estimated in the second quarter of 2025, according to revised data released by the Commerce Department on Thursday. The report said real gross domestic product shot up by 3.3 percent in the second quarter compared to the previously reported 3.0 percent surge. Economists had expected the jump in GDP to be upwardly revised to 3.1 percent.
RTTNews | 1小时7分钟前
U.S. Weekly Jobless Claims Dip Roughly In Line With Estimates

U.S. Weekly Jobless Claims Dip Roughly In Line With Estimates

A report released by the Labor Department on Thursday showed a modest decrease by first-time claims for U.S. unemployment benefits in the week ended August 23rd. The Labor Department said initial jobless claims dipped to 229,000, a decrease of 5,000 from the previous week's revised level of 234,000. Economists had expected jobless claims to slip to 230,000.
RTTNews | 1小时13分钟前
U.S. Weekly Jobless Claims Edge Down To 229,000

U.S. Weekly Jobless Claims Edge Down To 229,000

A report released by the Labor Department on Thursday showed a modest decrease by first-time claims for U.S. unemployment benefits in the week ended August 23rd.
RTTNews | 2小时31分钟前
U.S. Consumer Confidence Index Edges Lower In August

U.S. Consumer Confidence Index Edges Lower In August

A report released by the Conference Board on Tuesday showing a modest deterioration by consumer confidence in the U.S. in the month of August. The Conference Board said its consumer confidence index dipped to 97.4 in August from an upwardly revised 98.7 in July.
RTTNews | 2天前
U.S. Durable Goods Orders Slump 2.8% In July, Much Less Than Expected

U.S. Durable Goods Orders Slump 2.8% In July, Much Less Than Expected

Reflecting a continued plunge by orders for transportation equipment, the Commerce Department released a report on Tuesday showing a steep drop by new orders for U.S. manufactured durable goods in the month of July. The Commerce Department said durable goods orders slumped by 2.8 percent in July after plummeting by a revised 9.4 percent in June.
RTTNews | 2天前
U.S. Durable Goods Orders Tumble Less Than Expected In July

U.S. Durable Goods Orders Tumble Less Than Expected In July

Reflecting a continued plunge by orders for transportation equipment, the Commerce Department released a report on Tuesday showing a steep drop by new orders for U.S. manufactured durable goods in the month of July.
RTTNews | 2天前