Construction Spending (MoM) is a monthly snapshot of US construction outlays, reflecting sector activity. Growth in this metric signals economic strength, potentially raising expectations of Fed tightening and dampening appetite for risk assets like bitcoin. Weak numbers, on the other hand, support risk-taking and may lift cryptocurrencies.
Calendar Construction Spending (MoM)
Construction Spending (MoM)
History, bitcoin reaction and upcoming dates
How bitcoin, the S&P 500 and Nasdaq reacted
Percentage change from the start of the selected period.