Will the total construction spending in the US fall more than 1% in August?
Market Rules
The Value of Construction Put in Place Survey (VIP) provides monthly estimates of the total dollar value of construction work done in the United States.
This market will resolve to “Yes” if the seasonally adjusted annual rate in the Total Construction item of the VIP survey for August decreases more than 1%.
The reference to resolve this market will be the figures for August from the VIP survey, which are set to be published on October 3rd, 2022, at 10:00, by the US Census Bureau.
Comments
- kolotom: This should be clear if it's meant 1 percent or 1 p.p. (new value of 65%*(100%-1%) or 65%-1%)