Construction spending in January pulled back, consistent with typical seasonal slowdowns and not unexpected. Markets were more surprised by President Trump cooling his rhetoric on military maneuvers in Iran, a de-escalation that eased near-term geopolitical risk.
Construction spending in January pulled back, consistent with typical seasonal slowdowns and not unexpected. Markets were more surprised by President Trump cooling his rhetoric on military maneuvers in Iran, a de-escalation that eased near-term geopolitical risk.
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