United States Construction Spending  1964-2017 | Data | Chart | Calendar

Construction spending in the US unexpectedly fell 0.6 percent month-on-month to USD 1.21 trillion in July 2017, the lowest level since October 2016, following an upwardly revised 1.4 percent drop in June and missing market expectations of a 0.5 percent gain. Investment in public projects shrank 1.4 percent to the lowest level since February 2014, as outlays on educational projects tumbled 4.4 percent while highways construction spending rose 0.1 percent. Also, private construction spending declined 0.4 percent, as spending on private nonresidential structures plunged 1.9 percent to the lowest level since April 2016. Construction Spending in the United States averaged 0.45 percent from 1964 until 2017, 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.

United States Construction Spending
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Calendar GMT Actual Previous Consensus TEForecast
2017-07-03 02:00 PM Construction Spending MoM 0% -0.7% 0.3% 0.5%
2017-08-01 02:00 PM Construction Spending MoM -1.3% 0.3% 0.4% 0.5%
2017-09-01 02:00 PM Construction Spending MoM -0.6% -1.4% 0.5% 0.7%
2017-10-02 02:00 PM Construction Spending MoM -0.6% 1.4%
2017-11-01 02:00 PM Construction Spending MoM 2%
2017-12-01 03:00 PM Construction Spending MoM 1.9%


United States Housing Last Previous Highest Lowest Unit
Building Permits 1300.00 1230.00 2419.00 513.00 Thousand [+]
Housing Starts 1180.00 1190.00 2494.00 478.00 Thousand [+]
New Home Sales 571.00 630.00 1389.00 270.00 Thousand [+]
Pending Home Sales -1.30 0.30 30.90 -24.30 percent [+]
Existing Home Sales 5350.00 5440.00 7250.00 1370.00 Thousand [+]
Construction Spending -0.60 -1.40 5.90 -4.80 percent [+]
Housing Index 0.20 0.10 1.20 -1.80 percent [+]
Nahb Housing Market Index 64.00 67.00 78.00 8.00 [+]
Mortgage Rate 4.04 4.03 10.56 3.47 percent [+]
Mortgage Applications -9.70 9.90 49.10 -38.80 percent [+]
Home Ownership Rate 63.70 63.60 69.20 62.90 percent [+]
Case Shiller Home Price Index 200.54 199.05 206.52 100.00 Index Points [+]


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 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-0.60 -1.40 5.90 -4.80 1964 - 2017 percent Monthly
Current Prices, SA




construction spending by Country

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United States -0.60 Jul/17