Will the total construction spending in the US decrease more than -0.2% in April?
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.
If the seasonally adjusted annual rate in the Total Construction item of the VIP survey for April 2024 falls more than -0.2% in comparison to the previous month, this market will resolve to “Yes”.
The reference to resolve this market will be the figures for February from the VIP survey, which is set to be published on June 3rd, 2024, at 10:00am EST, by the US Census Bureau.