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United States Construction Spending
Last Release
Jul 2021
Actual
0.3 %
Forecast
N/A
Previous
0.1 %
Frequency
Monthly
Units In
%
Next Release
Oct 1, 2021
Time to Release
13 Days 17 Hours
Highest | Lowest | Average | Date Range | Source |
5.9 % Apr 1978 | -4.8 % Feb 1975 | 0.44 % | 1964 - 2021 | 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 went up 0.3 percent from the previous month to a seasonally adjusted annual rate of USD 1.569 trillion in July of 2021 after showing no growth in June and above market expectations of a 0.2 percent gain. Spending on private construction increased 0.3 percent and public construction outlays rose 0.7 percent, led by increases in Power (2.3 percent), highway and street (1.9 percent) and commercial (1.7 percent).
United States Construction Spending History
Last 12 readings
Latest Releases and Calendar Events
News
All News| DATE | TIME | TITLE |
|---|---|---|
| Sep 1, 2021 | 14:05 | US Construction Spending Rises More than Expected |
| Aug 2, 2021 | 14:03 | US Construction Spending Below Forecasts |
United States housing Indicators
All United States indicatorsIndicator | Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|---|
| Building Permits | 1,630 Jul 2021 | 1,594 Jun 2021 | 513 Mar 2009 | 2,419 Dec 1972 | Thousand | Monthly | 1960 - 2021 |
| Case Shiller Home Price Index | 262.7 May 2021 | 257.1 Apr 2021 | 100 Jan 2000 | 262.7 May 2021 | points | Monthly | 2000 - 2021 |
| Construction Spending | 0.3 Jul 2021 | 0.1 Jun 2021 | -4.8 Feb 1975 | 5.9 Apr 1978 | % | Monthly | 1964 - 2021 |
| Existing Home Sales | 5,990 Jul 2021 | 5,870 Jun 2021 | 1,370 Mar 1970 | 7,250 Sep 2005 | Thousand | Monthly | 1968 - 2021 |
| Home Ownership Rate | 65.4 Jun 2021 | 65.6 Mar 2021 | 62.9 Jun 2016 | 69.2 Dec 2004 | % | Quarterly | 1965 - 2021 |
| Housing Index | 1.7 May 2021 | 1.8 Apr 2021 | -1.8 Nov 2008 | 1.8 Apr 2021 | % | Monthly | 1991 - 2021 |
Construction Spending across North America
Construction Spending global viewCountry | Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|---|
| United States | 0.3 Jul 2021 | 0.1 Jun 2021 | -4.8 Feb 1975 | 5.9 Apr 1978 | % | Monthly | 1964 - 2021 |