US construction spending rises 0.1% in September

ISTANBUL

US construction spending rose 0.1% to $2,148.8 billion in September, figures from the Commerce Department showed Friday.

Construction spending, one of the major indicators of well-being in the construction sector, was expected to show no change in the ninth month, according to market estimates.

The figure for August stood at $2,146.0 billion for a monthly increase of 0.1%.

Annually, the reading in September was 4.6% above the same month in 2023, when it stood at $2,055.2 billion.