United States Construction Spending

Last Release

Jul 31, 2025

Actual

-0.1

Units In

-0.4

Frequency

Monthly

Next Release

Oct 01, 2025

Time to Release

27 Days 15 Hours

Highest	Lowest	Average	Date Range	Source
5.9 Apr 1978	-4.8 Feb 1975	0.44 %	1964-2025	U.S. Census Bureau

Construction Spending refers to monthly estimates of the total dollar value of construction work done on new structures or improvements to existing structures for private and public sectors each month in the United States. In 2016, private construction spending accounted for 75 percent of total spending and public for 25 percent. Spending in non-residential construction represented 60 percent of total and residential accounted for 40 percent.

Latest Updates

Construction spending in the United States fell by 0.1% month-over-month to a seasonally adjusted annual rate of $2,139.1 billion in July 2025, in line with forecasts and marking the ninth consecutive monthly decrease. Private sector spending fell by 0.2% in the period, with the nonresidential segment shrinking by 0.5%, with amusement and recreation buildings seeing the steepest drop at 1%. Conversely, residential construction rose by 0.1%, as a 0.1% increase in single-family projects was outweighed by a 0.4% fall in multi-family buildings. Meanwhile, public spending went up 0.3%, chiefly driven by a 1.8% increase in the residential sector. The nonresidential segment rose by 0.3%, led by conservation and development (+1.8%) and power projects (+1.7%). On a yearly basis, construction spending slumped by 2.8% in July.