Wells Fargo Economics
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U.S. Economy Shows Resilience, but Tariff Uncertainty Weighs on Growth Prospects
The U.S. economy began 2025 with notable momentum, but signs of a slowdown are emerging as trade policy uncertainty and inflation concerns cloud...
AECCommercialFeaturedFinanceIndustry NewsResidential
U.S. Construction Spending Declines in January Amid Rising Interest Rate Pressures
U.S. construction spending took a step back in January 2025, marking a 0.2 percent decline from the previous month, according to a new...
FeaturedFinanceIndustry NewsResidential
New Home Sales Drop in January as High Mortgage Rates and Weather Take a Toll
New home sales in the United States took a significant hit in January, declining 10.5 percent to a seasonally adjusted annual rate of...
AECCommercialFeaturedIndustrialIndustry NewsResidential
Wells Fargo: Construction Spending Rises in October as Residential Gains Offset Nonresidential Declines
According to data from the U.S. Department of Commerce and Wells Fargo Economics, construction spending advanced by 0.4 percent in October. This was...
