Full analysis: Will U.S. August construction spending reach $2.15 trillion?

Event Details

The Census Bureau releases August data at 22:00 Beijing time on October 1; July was a $2.1576 trillion annual rate, down 0.5% from June. Opening 52%: July at $2.1576 trillion was slightly above the threshold, but it fell 0.5% and the cushion is only about 0.35%, leaving a near-even call. Use the first Census August total construction spending seasonally adjusted annual rate; $2.1500 trillion or higher is Yes, below it is No, and revisions do not count.