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Construction Spending close
# Revised Better / Worse Units: % m/m
Impact Actual Forecast Previous Time Date
Low 0.30 0.50 -1.40 09:00 5/1


Census Bureau, Department of Commerce


Total activity spending on public and private construction.



Why should I care?

The construction industry, in the form of investment expenditure, is a great contributor to the GDP.


The OlsenScale (SMQ)

The Olsen Scale quantifies the market activity according to the Scale of Market Quakes (SMQ).

Similar to the Richter scale which measures the release of seismic energy during an earthquake, the SMQ relates excessive pricing along various price and time scales to historical data by assigning a single number to it. On a constant basis, the scale therefore characterizes the state of the market.

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Released: May 1, 2012 9:00
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