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Market Outlook: What to Expect This Week in Construction Spending

Investopedia

This week, investors will be keeping a close eye on the latest construction spending data for November, set to be released by the Census Bureau on Thursday. The report will provide valuable insights into the current state of the housing market, as well as non-residential building activity, including factories and road construction. With the US economy showing signs of growth, this data will be crucial in determining market trends and investor sentiment. As the market awaits the release of this key economic indicator, experts predict a potential impact on stocks and bonds. The construction sector is a significant contributor to GDP, making this report a key factor in understanding the overall health of the economy.