U.s. Construction Spending Drops Smaller Than Expected 2.9% In April

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BING NEWS:
  • Price cuts, weaker spending could bolster Fed's faith in inflation outlook
    A new round of price cuts by major U.S. retailers and data showing a consumer spending slowdown may boost the Federal Reserve's confidence in falling inflation and take the edge off of corporate ...
    05/31/2024 - 2:49 am | View Link
  • Economy grew just 1.3% last quarter, consumer spending was weaker than expected
    The US economy grew at a sluggish 1.3% annual pace from January through March, the weakest quarterly rate since the spring of 2022, the government said Thursday in a downgrade from its previous ...
    05/30/2024 - 7:44 am | View Link
  • Stock Market News Today, 5/29/24 – Indices Close Down; U.S. Economy Continues Growing
    Retail spending was flat ... businesses saw smaller profit margins. In fact, input costs, especially insurance, continued to rise. But there are some bright spots, as some construction materials saw ...
    05/29/2024 - 9:08 am | View Link
  • GOP tees up next round of spending bills, but roadblocks and pitfalls abound
    House Republicans are gearing up to pass spending bills before the November election, but some lawmakers are concerned the same issues that bogged down last year’s appropriations process could emerge ...
    05/27/2024 - 6:33 am | View Link
  • Infrastructure Spending and Mega Projects Will Continue to Drive Strong Construction, Wells Fargo Report Says
    According to a quarterly construction report from Wells Fargo Bank, most market data indicators point toward a continuation of steady end user demand for 2024 and into 2025.
    05/18/2024 - 8:05 am | View Link
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