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

Construction spending in the US dropped 1.7 percent month-over-month to USD 1.28 trillion in March of 2018, following an upwardly revised 1 percent increase in the previous month and missing market expectations of a 0.5 percent gain. Spending on private construction dropped 2.1 percent to USD 987.5 billion, the largest fall since January 2011 and following an upwardly revised 1.2 percent increase in February. Outlays on private residential projects plunged 3.5 percent, the biggest drop since April 2009, and spending on nonresidential structures slipped 0.4 percent. Investment in public construction projects was unchanged in March after edging up 0.1 percent in February. 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
2018-03-01	03:00 PM	Construction Spending MoM	0%	0.8%	0.3%	0.3%
2018-04-02	02:00 PM	Construction Spending MoM	0.1%	0%	0.5%	0.4%
2018-05-01	02:00 PM	Construction Spending MoM	-1.7%	1%	0.5%	0.4%
2018-06-01	02:00 PM	Construction Spending MoM		-1.7%		0.50%
2018-07-02	02:00 PM	Construction Spending MoM				0.43%
2018-08-01	02:00 PM	Construction Spending MoM				0.42%

United States Housing	Last	Previous	Highest	Lowest	Unit
Building Permits	1364.00	1377.00	2419.00	513.00	Thousand	[+]
Housing Starts	1287.00	1336.00	2494.00	478.00	Thousand	[+]
New Home Sales	662.00	672.00	1389.00	270.00	Thousand	[+]
Pending Home Sales	-3.00	-4.40	30.90	-24.30	percent	[+]
Existing Home Sales	5600.00	5540.00	7250.00	1370.00	Thousand	[+]
Construction Spending	-1.70	1.00	5.90	-4.80	percent	[+]
Housing Index	0.60	0.90	1.20	-1.80	percent	[+]
Nahb Housing Market Index	70.00	68.00	78.00	8.00		[+]
Mortgage Rate	4.86	4.77	10.56	3.47	percent	[+]
Mortgage Applications	-2.60	-2.70	49.10	-38.80	percent	[+]
Case Shiller Home Price Index	206.67	205.16	206.67	100.00	Index Points	[+]
Home Ownership Rate	64.20	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 May of 2018.