Construction spending in the US rose by 0.6% month-over-month in March 2026, following a 0.2% fall in the prior month and better than the expected 0.2% increase. This marked the first increase since December last year. Private construction increased by 0.8%, buoyed by a 1.7% gain in the residential segment, primarily new single-family projects (+2.7%) and, to a lesser extent, multi-family projects (+0.3%). Conversely, spending on nonresidential structures shrank by 0.2%, primarily manufacturing (-1.2%), commercial (-0.6%) and lodging (-0.5%). Meanwhile, public construction spending fell 0.2%, led by declines in both residential (-2.7%) and nonresidential (-0.2%) segments. Year-on-year, construction spending grew by 1.6%. source: U.S. Census Bureau
Construction Spending in the United States increased 0.60 percent in March 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 May of 2026.
Construction Spending in the United States increased 0.60 percent in March of 2026 over the previous month. Construction Spending in the United States is expected to be 0.60 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.