US construction spending declined 0.3% month-over-month in January 2026, reaching a seasonally adjusted annual rate of $2.19 trillion, following a revised 0.8% increase in December 2025 and missing market expectations of a 0.1% rise. Private construction fell 0.6% to $1.66 trillion, with residential construction down 0.8% and nonresidential construction slipping 0.4%. In contrast, public construction spending rose 0.6% to $529.2 billion, led by a 3.3% surge in highway construction, while public educational construction dipped 0.2%. source: U.S. Census Bureau

Construction Spending in the United States decreased 0.30 percent in January of 2026 over the previous month. Construction Spending in the United States averaged 0.47 percent from 1964 until 2026, 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. 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 - data, historical chart, forecasts and calendar of releases - was last updated on April of 2026.

Construction Spending in the United States decreased 0.30 percent in January of 2026 over the previous month. Construction Spending in the United States is expected to be 0.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United States Construction Spending is projected to trend around 0.70 percent in 2027, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-02-27 03:00 PM
Construction Spending MoM
Dec 0.3% -0.2% 0.3% 0.2%
2026-03-23 02:00 PM
Construction Spending MoM
Jan -0.3% 0.8% 0.1% 0.1%
2026-05-07 02:00 PM
Construction Spending MoM
Feb


Related Last Previous Unit Reference
Building Permits 1386.00 1455.00 Thousand Jan 2026
Building Permits MoM -4.70 4.80 percent Jan 2026
Construction Spending MoM -0.30 0.80 percent Jan 2026
Home Ownership Rate 65.70 65.30 percent Dec 2025
Housing Starts 1487.00 1387.00 Thousand units Jan 2026
Housing Starts MoM 7.20 4.80 percent Jan 2026
Housing Starts Multi Family 524.00 406.00 Thousand units Jan 2026
Housing Starts Single Family 935.00 962.00 Thousand units Jan 2026
New Home Sales 587.00 712.00 Thousand units Jan 2026
New Home Sales MoM -17.60 -6.80 percent Jan 2026


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.
Actual Previous Highest Lowest Dates Unit Frequency
-0.30 0.80 5.90 -4.80 1964 - 2026 percent Monthly
Current Prices, SA

News Stream
US Construction Spending Falls 0.3% in January
US construction spending declined 0.3% month-over-month in January 2026, reaching a seasonally adjusted annual rate of $2.19 trillion, following a revised 0.8% increase in December 2025 and missing market expectations of a 0.1% rise. Private construction fell 0.6% to $1.66 trillion, with residential construction down 0.8% and nonresidential construction slipping 0.4%. In contrast, public construction spending rose 0.6% to $529.2 billion, led by a 3.3% surge in highway construction, while public educational construction dipped 0.2%.
2026-03-23
US Construction Spending Rebounds in December
Construction spending in the US rose by 0.3% month-over-month in December 2025, following a 0.2% decrease in November, in line with market forecasts, delayed data showed. This was the first monthly increase after three consecutive months of declines. Private sector spending advanced 0.5% during the period, after easing by 0.2% in November, driven by a 1.5% gain in the residential segment, primarily new single-family projects (+1.6%) and, to a lesser extent, multi-family projects (+0.1%). Conversely, spending on nonresidential structures like offices and factories decreased by 0.7%. Meanwhile, public spending fell by 0.5%, after a 0.2% decrease in November, led by declines in both the residential (-2.7%) and nonresidential (-0.4%) segments. On a yearly basis, construction spending shrank by 0.4%. Considering the full year of 2025, construction spending shrank by 1.4% over a year ago.
2026-02-27
US Construction Spending Rises More than Expected
Construction spending in the US rose 0.5% month-over-month in October 2025, following a 0.6% decrease in September and above market estimates of a 0.1% uptick. Private sector spending rose by 0.6% in the period, bouncing back from a 0.9% decline in September, chiefly driven by the residential sector. Investment in residential construction rose 1.3%, after a 1.4% drop in September, likely due to renovations, as both new single (-1.3%) and multi-family (-0.2%) projects declined. The nonresidential segment shrank by 0.2%. Meanwhile, public spending edged up by 0.1%, following a 0.4% advance in the prior month, driven by a 0.1% increase in the nonresidential sector. Year-on-year, construction spending shrank by 1%. The data was delayed by the 43-day government shutdown.
2026-01-21