United States Construction Spending 1964-2018 | Data | Chart | Calendar

US construction spending edged up 0.1 percent from a month earlier to a seasonally adjusted annual rate of USD 1.32 trillion in July 2018, following a downwardly revised 0.8 percent drop in June and missing market expectations of a 0.5 percent gain. Investment in public construction projects rose 0.7 percent in July (-1.7 percent in June), boosted by a rebound in spending on federal government construction projects (2.5 percent vs -3 percent). Meanwhile, private residential projects outlays fell 0.1 percent (vs -0.5 percent in June) as spending on private nonresidential structures, which includes manufacturing and power plants, dropped 1 percent, the biggest decline since August 2017. Year-on-year, construction spending increased 5.8 percent in July. Construction Spending in the United States averaged 0.45 percent from 1964 until 2018, reaching an all time high of 5.90 percent in April of 1978 and a record low of -4.80 percent in February of 1975.

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Calendar	GMT		Actual	Previous	Consensus	TEForecast
2018-07-02	02:00 PM	Construction Spending MoM	0.4%	0.9%	0.5%	0.6%
2018-08-01	02:00 PM	Construction Spending MoM	-1.1%	1.3%	0.3%	0.3%
2018-09-04	02:00 PM	Construction Spending MoM	0.1%	-0.8%	0.5%	0.4%
2018-10-01	02:00 PM	Construction Spending MoM		0.1%		0.39%
2018-11-01	02:00 PM	Construction Spending MoM				0.43%
2018-12-03	03:00 PM	Construction Spending MoM				0.38%

United States Housing	Last	Previous	Highest	Lowest	Unit
Building Permits	1311.00	1292.00	2419.00	513.00	Thousand	[+]
Housing Starts	1168.00	1158.00	2494.00	478.00	Thousand units	[+]
New Home Sales	627.00	638.00	1389.00	270.00	Thousand	[+]
Pending Home Sales	-2.30	-2.40	30.90	-24.30	percent	[+]
Existing Home Sales	5340.00	5380.00	7250.00	1370.00	Thousand	[+]
Construction Spending	0.10	-0.80	5.90	-4.80	percent	[+]
Housing Index	0.20	0.40	1.20	-1.80	percent	[+]
Nahb Housing Market Index	67.00	67.00	78.00	8.00		[+]
Mortgage Rate	4.84	4.80	10.56	3.47	percent	[+]
Mortgage Applications	-1.80	-0.10	49.10	-38.80	percent	[+]
Case Shiller Home Price Index	213.07	212.00	213.07	100.00	Index Points	[+]
Home Ownership Rate	64.30	64.20	69.20	62.90	percent	[+]

United States Construction Spending

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. This page provides the latest reported value for - United States Construction Spending - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United States Construction Spending - actual data, historical chart and calendar of releases - was last updated on September of 2018.