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. source: U.S. Census Bureau

Construction Spending in the United States increased 0.50 percent in October of 2025 over the previous month. Construction Spending in the United States averaged 0.47 percent from 1964 until 2025, 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 February of 2026.

Construction Spending in the United States increased 0.50 percent in October of 2025 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
2026-01-21 03:00 PM
Construction Spending MoM
Sep -0.6% 0.4% 0.2%
2026-01-21 03:00 PM
Construction Spending MoM
Oct 0.5% -0.6% 0.1% 0.1%
2026-02-27 03:00 PM
Construction Spending MoM
Nov -0.1%


Related Last Previous Unit Reference
Building Permits 1411.00 1415.00 Thousand Oct 2025
Building Permits MoM -0.30 6.40 percent Oct 2025
Construction Spending MoM 0.50 -0.60 percent Oct 2025
Home Ownership Rate 65.70 65.30 percent Dec 2025
Housing Starts 1246.00 1306.00 Thousand units Oct 2025
Housing Starts MoM -4.60 1.20 percent Oct 2025
Housing Starts Multi Family 347.00 468.00 Thousand units Oct 2025
Housing Starts Single Family 874.00 829.00 Thousand units Oct 2025
New Home Sales 737.00 738.00 Thousand units Oct 2025
New Home Sales MoM -0.10 3.80 percent Oct 2025


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
0.50 -0.60 5.90 -4.80 1964 - 2025 percent Monthly
Current Prices, SA

News Stream
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
US Construction Spending Unexpectedly Rises
Construction spending in the US rose 0.2% month-over-month in August 2025, matching the upwardly revised 0.2% increase in July and defying expectations of a 0.1% decline. Residential construction spending surged 0.8%, offsetting a 0.2% decline in nonresidential activity. Within the nonresidential sector, construction fell in manufacturing (-0.9%), power (-0.2%), highways and streets (-0.2%), and transportation (-0.5%), but rose in the educational segment (0.7%). Meanwhile, private construction spending increased 0.3%, with residential activity up 0.8% and nonresidential projects rising 0.3%. On the other hand, public construction spending was virtually unchanged from July. Year-on-year, construction spending declined 1.6%. For the first eight months of the year, total construction spending reached $1,438.0 billion, 1.8% lower than in the same period of 2024.
2025-11-17
US Construction Spending Shrinks for 9th Month
Construction spending in the United States fell by 0.1% month-over-month to a seasonally adjusted annual rate of $2,139.1 billion in July 2025, in line with forecasts and marking the ninth consecutive monthly decrease. Private sector spending fell by 0.2% in the period, with the nonresidential segment shrinking by 0.5%, with amusement and recreation buildings seeing the steepest drop at 1%. Conversely, residential construction rose by 0.1%, as a 0.1% increase in single-family projects was outweighed by a 0.4% fall in multi-family buildings. Meanwhile, public spending went up 0.3%, chiefly driven by a 1.8% increase in the residential sector. The nonresidential segment rose by 0.3%, led by conservation and development (+1.8%) and power projects (+1.7%). On a yearly basis, construction spending slumped by 2.8% in July.
2025-09-02