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

Construction spending in the US jumped 1.4 percent month-on-month to USD 1.241 trillion in October of 2017, following a 0.3 percent gain in September and beating market expectations of a 0.5 percent rise. It is the biggest increase in construction spending in five months, boosted by a 2.1 percent rise in the nonresidential sector, namely spending on highway and street (1 percent); education (9 percent); manufacturing (1 percent) and offices (5.3 percent). Spending in residential construction went up 0.4 percent. Investment in public projects went up 3.9 percent, much faster than 2 percent in September and private investment rose 0.6 percent, recovering from a 0.2 percent fall. 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
2017-10-02 02:00 PM Construction Spending MoM 0.5% -1.2% 0.4% 0.1%
2017-11-01 02:00 PM Construction Spending MoM 0.3% 0.1% -0.1% -0.1%
2017-12-01 03:00 PM Construction Spending MoM 1.4% 0.3% 0.5% 0.6%
2018-01-03 03:00 PM Construction Spending MoM 1.4%
2018-02-01 03:00 PM Construction Spending MoM
2018-03-01 03:00 PM Construction Spending MoM


United States Housing Last Previous Highest Lowest Unit
Building Permits 1316.00 1225.00 2419.00 513.00 Thousand [+]
Housing Starts 1290.00 1135.00 2494.00 478.00 Thousand [+]
New Home Sales 685.00 645.00 1389.00 270.00 Thousand [+]
Pending Home Sales -0.60 -3.90 30.90 -24.30 percent [+]
Existing Home Sales 5480.00 5370.00 7250.00 1370.00 Thousand [+]
Construction Spending 1.40 0.30 5.90 -4.80 percent [+]
Nahb Housing Market Index 70.00 68.00 78.00 8.00 [+]
Housing Index 0.30 0.80 1.20 -1.80 percent [+]
Mortgage Rate 4.20 4.19 10.56 3.47 percent [+]
Mortgage Applications -2.30 4.70 49.10 -38.80 percent [+]
Case Shiller Home Price Index 203.50 202.68 206.52 100.00 Index Points [+]
Home Ownership Rate 63.90 63.70 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 December of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
1.40 0.30 5.90 -4.80 1964 - 2017 percent Monthly
Current Prices, SA




construction spending by Country
Country Last
United States 1.40 Oct/17