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Here Comes Construction Spending...

Mamta BadkarMay 1, 2014, 19:05 IST

AP Photo/George Widman

Construction spending for March is out at 10 a.m. ET.

Economists polled by Bloomberg are looking for construction spending to rise 0.5% month-over-month, compared to a 0.1% rise in February.

We'll be watching the residential construction spending figure for March.

Homebuilder confidence climbed modestly in April but has been disappointing. Meanwhile, new home sales plunged and housing starts have also been disappointing.