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US Construction Spending Falls Unexpectedly In July

American construction spending declined more than anticipated in July, dropping to its lowest level in nearly three years. The unexpected contraction suggests cooling momentum in the housing and commercial building sectors amid higher interest rates.

1 Sept, 14:07 — 1 Sept, 15:15
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The Story

Analyzing sources…

Source Diversity

Source Diversity

Moderate (27/100)
2 sources— more sources would strengthen this score15/33
Spectrum spread2/5 buckets covered8/33
Far L
Left1
Left (1)
Yahoo
Center
Right1
Right (1)
seeking-alpha
Far R
Geographic diversity1 region4/34
US2
All sources from US region
Only 2 sources cover this story

Coverage Timeline

First report: seeking-alpha · 1 Sept, 14:07Full coverage: 2 · 1hWindow: 1h
Left-leaningCenterRight-leaning