Skip to main content
TradingNews

Market news

US Construction Spending Slides 0.5% as Mortgage Rates Crush Housing

Reuters Read original source (opens in a new tab)
The Story

News Summary

  • U.S.
  • construction spending fell 0.5% in July to its lowest level since October 2023, missing expectations of flat growth.
  • Elevated mortgage rates near 6.66% severely weighed on single-family homebuilding, which dropped 3.2%, signaling broader cooling across the residential real estate and manufacturing construction sectors.
Explore EURUSD price history & advisor snapshot

These are separate market snapshots and may predate this story. Check the data period, generation time and expiry before using them in your research.

Stored market data

EURUSD price history

1.16 +0.00% over the displayed period

Advisor Snapshot

Unlock Member-Only Insights

Reserved for TradingNews24 members. Log in or create a free account to access market signals and exclusive tools.

Open EURUSD advisor →
Browse September 2026 news → ← Back to market news

Market analysis for educational use. Trading involves risk. AI sentiment is not financial advice.

Methodology · Risk disclosure