August construction spending rebounded 0.5 percent from July, up 2.5 percent year-on-year

August construction spending rose 0.5 percent to $1.21 trillion after two months of declines, and was up 2.5 percent year-on-year.  Hurricanes Harvey and Irma did not appear to have impacted the construction spending data,  as the responses from the Texas and Florida areas affected by the storms were "not significantly lower than normal."

READ MORE