Analysts at Wells Fargo point out outlays for commercial projects and highway & road work lead the way and boosted spending to the largest monthly increase in nine months. Key Quotes: “Milder than usual weather appears to have boosted construction activity in January, particularly in highway & road projects. “Milder weather also likely boosted commercial building in January. Outlays for commercial projects are still trending higher, however, led by gains in office and hotel projects. “Warmer weather did not help homebuilders. Outlays for private residential construction fell 0.3% in January and outlays for single-family homes tumbled 0.7%. Multifamily construction rose 1.4% during the month and is up 12.8% year-over-year.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next AUD/USD: Steady between 0.7050/90 ahead of Brexit vote and Chinese data dump FX Street 4 years Analysts at Wells Fargo point out outlays for commercial projects and highway & road work lead the way and boosted spending to the largest monthly increase in nine months. Key Quotes: "Milder than usual weather appears to have boosted construction activity in January, particularly in highway & road projects. "Milder weather also likely boosted commercial building in January. Outlays for commercial projects are still trending higher, however, led by gains in office and hotel projects. "Warmer weather did not help homebuilders. Outlays for private residential construction fell 0.3% in January and outlays for single-family homes tumbled… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
