US September construction spending +0.2% vs -0.5% expected | Forexlive

• Prior was -0.7%
• Construction spending during September 2022 was estimated at a seasonally adjusted annual rate of
  $1,811.1 billion, 0.2% above the revised August estimate of $1,807.0 billion
• Private construction +0.4%
• Public construction -0.4%

This is an important component in GDP and will lead to upward revisions on Q3 estimates. We already got the advance reading on Q3 last week.