Small font size A Larger text size A Largest text size A

May US Construction Spending Falls, Residential Building Down

BY MT Newswires | ECONOMIC | 07/01/25 10:11 AM EDT

10:11 AM EDT, 07/01/2025 (MT Newswires) -- US construction spending fell by 0.3% in May, compared with a 0.2% decrease expected in a survey compiled by Bloomberg as of 7:35 am ET and following an upward revised 0.2% decrease in April.

Private residential construction fell by 0.5%, with single-family home construction down 1.8% and multi-family construction flat.

Private nonresidential construction dropped by 0.4%, while public construction rose by 0.1%.

MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.

More Fixed Income News

Bank of Japan Set to Hike Rates to 30-Year High, Posing Another Threat to Bitcoin BY Coindesk |ECONOMIC 12/13/25 09:00 AM EST
With Fed independence in crosshairs, will Supreme Court back Trump again? BY Reuters |ECONOMIC 12/13/25 06:01 AM EST
With Fed independence in crosshairs, will Supreme Court back Trump again? BY Reuters |ECONOMIC 12/13/25 06:01 AM EST
JPMorgan's Dimon signals support for Kevin Warsh as Fed chair, FT reports BY Reuters |ECONOMIC 12/12/25 07:47 PM EST

All Fixed Income News

In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.

Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.

fir_news_article