United States Construction Spending

Last Release

Feb 28, 2025

Actual

0.7

Units In

-0.2

Frequency

Monthly

Next Release

May 01, 2025

Time to Release

28 Days 15 Hours

Highest	Lowest	Average	Date Range	Source
5.9 Apr 1978	-4.8 Feb 1975	0.44 %	1964-2025	U.S. Census Bureau

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.

Latest Updates

U.S. construction spending rose 0.7% month-over-month in February 2025, rebounding from a revised 0.5% decline in January and exceeding market expectations of 0.3% growth. This marked the largest increase in construction spending in four months, driven by a 0.9% rise in private sector investment and a 0.2% uptick in public outlays.