US construction spending just printed a surprise beat—up 0.5% month-over-month in October, handily outpacing the forecasted 0.1% increase. This stronger-than-expected economic print is exactly the kind of macro data point that moves markets. When construction activity accelerates beyond consensus, it signals underlying demand resilience in the real economy, which typically ripples through sentiment across risk assets, including crypto markets. The divergence between expectation and actuals (0.5% vs 0.1%) suggests either resilient consumer spending on property/infrastructure or statistical surprises in seasonal adjustments. For traders tracking macro indicators, this is another data point suggesting the economy isn't cooling as sharply as some feared—at least not yet.