Construction spending in the US edged up 0.1% month-over-month to a seasonally adjusted annual rate of $2,210.2 billion in May 2026, following a downwardly revised 0.3% rise in April and compared to forecasts of a 0.2% gain. Residential spending went up 0.4% while nonresidential flattened. Out of nonresidential construction spending, declines were seen in manufacturing (-1.4%), power (-0.2%) and commercial (-0.3%), offsetting gains in office (0.2%), educational (0.3%) and highway and street (0.6%). During the first five months of this year, construction spending amounted to $858.4 billion, up 2.7%. source: U.S. Census Bureau
Construction Spending in the United States increased 0.10 percent in May of 2026 over the previous month. Construction Spending in the United States averaged 0.47 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 July of 2026.
Construction Spending in the United States increased 0.10 percent in May 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.