Bitcoin 
Ethereum 
Tether 
XRP 
BNB 
USDC 
Solana 
TRON 
Lido Staked Ether 
Dogecoin 
Prior was +0.5%Private construction +0.5%Residential construction +1.5%Non-residential construction -0.7%Public construction -0.5% m/mPublic construction +3.6% y/yGiven the jumps in shares of CAT and DE, there better be some construction spending in the pipeline. The annualized rate in the report is $2,168.8 billion, which is down 0.4% from last December. Private construction was 2.9% below the 2024 level.All the AI spending is in the pipeline and that should boost this in time but you start to wonder if the tariffs and economic uncertainty is pulling down investment elsewhere. This isn’t a great report, though it’s rarely a market mover.US equities are making up some lost ground with the S&P 500 trimming the daily decline to 41 points, or 0.6%.
This article was written by Adam Button at investinglive.com.
💡 DMK Insight
Construction spending is showing mixed signals, and here’s why that matters for traders: The latest report indicates a 0.4% decline in annualized construction spending, now at $2,168.8 billion. While private construction is up 0.5%, public construction has taken a hit, down 0.7% month-over-month. This divergence could impact companies like Caterpillar (CAT) and Deere (DE), which have seen share price jumps, suggesting traders are betting on future demand. If public spending continues to lag, it might dampen overall sector growth, affecting related stocks and ETFs. Traders should keep an eye on the upcoming economic indicators, particularly any shifts in government spending plans or infrastructure projects, as these could provide clarity on future construction trends. On the flip side, the resilience in private construction could indicate a strong housing market, which might support related sectors. Watch for any significant changes in residential construction metrics, as a sustained increase could signal a broader economic recovery. Key levels to monitor would be the performance of CAT and DE around their recent highs, as a pullback could present buying opportunities if the fundamentals support it.
📮 Takeaway
Keep an eye on public construction trends and monitor CAT and DE for potential pullbacks around their recent highs.
