US construction spending for the month of August 0.9% versus 0.0% expected

Construction spending: +0.9% MoM vs 0.0% expected. July revised to −0.1% from −0.5%. Annual spending rate: $2,203.1 billion. Year-on-year spending: −1.7%. January–August spending: −3.1% compared with the same period in 2025. August components compared with revised July levels,…