construction spending
The amount spent on new construction over a given period. The Census Bureau of the U.S. Department of commerce puts out monthly estimated figures for construction spending. This is an economic indicator whose significance is only important in that it is one of many factors that go into the GDP numbers. economic growth or stagnation can affect the perceived value of a country's currency. Unexpected numbers can send shockwaves through the forex market as assumptions about economic stability shift.
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