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

Construction spending in US unexpectedly fell 0.2 percent to $1.18 trillion in December of 2016. The figure came below market expectations of 0.2 percent rise as public construction dropped 1.7 percent, the most since July. In contrast, spending on private construction projects rose 0.2 percent, reaching its highest level since July 2006 boosted by 0.5 percent increase in spending on residential projects. Investment in private nonresidential structures was unchanged after going up 0.8 percent in November. In 2016, construction spending increased 4.5 percent after surging 10.6 percent in 2015. Construction Spending in the United States averaged 0.45 percent from 1964 until 2016, 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 Reference Actual Previous Consensus Forecast (i)
2016-12-01 03:00 PM Oct 0.5% 0% 0.5% 0.3%
2017-01-03 03:00 PM Nov 0.9% 0.6% 0.6% 0.4%
2017-02-01 03:00 PM Dec -0.2% 0.9% 0.2% 0.3%
2017-03-01 03:00 PM Jan -0.2% 0.7% 0.4%
2017-04-03 02:00 PM Feb 0.5%
2017-05-01 02:00 PM Mar 0.8%




United States Housing Last Previous Highest Lowest Unit
Building Permits 1285.00 1228.00 2419.00 513.00 Thousand [+]
Housing Starts 1246.00 1279.00 2494.00 478.00 Thousand [+]
New Home Sales 555.00 535.00 1389.00 270.00 Thousand [+]
Pending Home Sales 0.30 -0.40 30.90 -24.30 percent [+]
Existing Home Sales 5690.00 5510.00 7250.00 1370.00 Thousand [+]
Construction Spending -0.20 0.90 5.90 -4.80 percent [+]
Housing Index 0.40 0.70 1.20 -1.70 percent [+]
Nahb Housing Market Index 65.00 67.00 78.00 8.00 [+]
Mortgage Rate 4.36 4.32 10.56 3.47 percent [+]
Mortgage Applications -2.00 -3.70 49.10 -38.80 percent [+]
Home Ownership Rate 63.70 63.50 69.20 62.90 percent [+]
Case Shiller Home Price Index 192.14 191.77 206.52 100.00 Index Points [+]



United States Construction Spending Notes

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 February of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-0.20 0.90 5.90 -4.80 1964 - 2016 percent Monthly
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