US April construction spending +1.8% vs +0.8% expected - ConsultFX

US April construction spending +1.8% vs +0.8% expected

April US construction spending data - Prior was -1.7% - Best number since Jan 2016 Expect to see higher revisions to Q2 GDP on the heels of these numbers but there's no change in trend here. It's just a rebound after a very weak number in March.