United States Construction Spending

Last Release

Jul 31, 2025

Actual

-0.1

Units In

-0.4

Frequency

Monthly

Next Release

Dec 01, 2025

Time to Release

12 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 US rose 0.2% month-over-month in August 2025, matching the upwardly revised 0.2% increase in July and defying expectations of a 0.1% decline. Residential construction spending surged 0.8%, offsetting a 0.2% decline in nonresidential activity. Within the nonresidential sector, construction fell in manufacturing (-0.9%), power (-0.2%), highways and streets (-0.2%), and transportation (-0.5%), but rose in the educational segment (0.7%). Meanwhile, private construction spending increased 0.3%, with residential activity up 0.8% and nonresidential projects rising 0.3%. On the other hand, public construction spending was virtually unchanged from July. Year-on-year, construction spending declined 1.6%. For the first eight months of the year, total construction spending reached $1,438.0 billion, 1.8% lower than in the same period of 2024.