U.S. construction spending edged up in September driven public investment but private investment was flat; data centres up.
Private residential output was up 0.2% m-o-m (4.1% y-o-y) in September; Building permits were down -3.1% m-o-m (-5.9% y-o-y). Private non-residential output was down -0.1% m-o-m (3.5% y-o-y).
Architecture Billings Index (ABI) stable in September at 45.7 (< 50, contraction).