Construction spending in the US fell 0.5% month-over-month to a seasonally adjusted annual rate of $2,158 billion in July 2026, following a upwardly revised flat reading in June and missing market expectations of a flat reading. Residential construction spending fell 1.3%, while nonresidential spending edged up 0.1%. Within the nonresidential sector, the largest declines were recorded in conservation and development (-1.4%), manufacturing (-1%) and public safety (-1%). These were partly offset by gains in office construction (2.9%). Meanwhile, both private (-0.5%), dragged by a 3.2% decline in new single family residential construction spending, and public (-0.2%) construction spending fell over the month. In the first seven months of 2026, total construction spending fell 3.5% from the same period a year earlier to $1.245 trillion. source: U.S. Census Bureau
Construction Spending in the United States decreased 0.50 percent in July of 2026 over the previous month. Construction Spending in the United States averaged 0.46 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 September of 2026.
Construction Spending in the United States decreased 0.50 percent in July of 2026 over the previous month. Construction Spending in the United States is expected to be 0.20 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 and 0.50 percent in 2028, according to our econometric models.