Economic Indicators

US construction spending unexpectedly falls in October

The report came on the heels of recent upbeat October data on the goods trade deficit, housing and manufacturing that led economists to boost their gross domestic product estimates for the fourth quarter.

Former Walmart CEO: Consumers remain strong despite tariffs

"I think the president has an interest in solving it because, as long as the economy stays strong and a trade deal gets done, I think the president's in better shape from a re-election standpoint," former Walmart CEO Bill Simon said.