Home Depot Shares Are Trading Lower: What You Need To Know
Home Depot Shares Are Trading Lower: What You Need To Know
Home Depot, Inc. (NYSE:HDHTTPS, NYSE:HD) shares are facing downward pressure Monday following an unexpected decline in U.S. construction spending for May.
家得寶公司（紐交所代碼: HDHTTPS, NYSE:HD）股票週一面臨下行壓力，因爲美國五月份建造業支出意外下降。
What To Know: The 0.1% drop dip contrasts sharply with economists' forecasts of a 0.2% rise. The decline in construction spending was primarily driven by a 0.3% drop in private construction projects, marking a setback after a 0.4% increase in April.
需要知道的事情: 下降了0.1%，與經濟學家預測的0.2%上升形成鮮明對比。建造業支出下降主要是由私人建造項目下降0.3%導致的，這標誌着4月份0.4%的增幅之後的一次挫敗。
Residential construction, a key component, saw a 0.2% decrease as higher borrowing costs curbed demand for new homes. Notably, spending on new single-family construction projects fell by 0.7%, underlining the challenges faced by homebuilders amidst elevated mortgage rates, according to a report by Reuters.
重要組成部分——住宅建築，下降了0.2%，由於借貸成本上漲抑制了對新房的需求。據路透社報道，支出在新的單戶建築項目上的支出下降了0.7%，凸顯出房屋建築商在高利率下面臨的挑戰。
In contrast, public construction projects showed resilience with a 0.5% increase in spending, buoyed by a notable 3.1% surge in federal government projects.
與此形成對比的是，公共建造項目的表現表現出韌性，在支出上增長了0.5%，因爲聯邦政府項目顯著增長了3.1%。
HD Price Action: Home Depot shares were down by 2.05% at $337.17 at the time of writing, according to benzinga Pro.
HD價格走勢: 根據Benzinga Pro, 家得寶股票在寫作時下跌2.05%，報337.17美元。
Photo via Shutterstock.
圖片來自shutterstock。