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Dakar 2017
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Construction Spending

Construction Spending USA

This indicatoris expressed in the form of absolute index value in relation to a previous period. The indicator Construction Spending  is very sensitive to major interest rate changes, because one needs to take bank credit loans to build. This data, due to the peculiarities of the real estate market, is subject to seasonal fluctuations. The building process is directly linked to population income rates, that’s why an increase in building permit amounts characterizes an improvement in the population welfare and healthy economy growth. This indicator has limited online forex market influence. An increase value of Construction Spending (USA) leads to the US dollar rate growth. The data is published on the first business day of each month.

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