Construction spending in the US rose by 0.9% month-over-month to a seasonally adjusted annual rate of $2,203 billion in August 2026, following a downwardly revised 0.1% decrease in July. Analysts had expected a flat reading. Private-sector construction rose 1.1%, supported by a 1.1% increase in residential activity, amid gains in single-family projects (+0.2%) and multi-family construction (+0.2%). Spending on nonresidential structures like offices and factories grew by 1%, with solid increases in office (4.6%), religious (2.9%), transportation (1.2%) and power (0.9%) construction. Meanwhile, public spending went up by 0.2%, driven by increases in both the residential (0.3%) and nonresidential (0.2%) segments. Year-on-year, construction spending shrank by 1.7%. source: U.S. Census Bureau
Construction Spending in the United States increased 0.90 percent in August 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 October of 2026.
Construction Spending in the United States increased 0.90 percent in August 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.