United States Construction Spending  1964-2016 | Data | Chart | Calendar

Construction spending in the United States increased 0.5 percent month-over-month in October of 2016, after an upwardly revised flat reading in September and in line with market expectations. It reached USD 1.73 trillion, the highest since March. Public spending jumped 2.8 percent after a 0.4 percent rise in the previous month, mainly boosted by education (4.1 percent from 0.2 percent) and spending on highways/streets (1.9 percent from 2.8 percent). In contrast, private spending declined 0.2 percent, following a 0.1 percent drop in September, due to lower construction expenditure in manufacturing (-2.4 percent from -4.1 percent); lodging (-2.1 percent from -0.2 percent); office (-2 percent from -0.2 percent) and commercial (-0.7 percent from -0.3 percent). In contrast, spending in residential construction (1.6 percent from 0.6 percent) and transportation (5.1 percent from 1.9 percent) rose. 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)
2016-10-03 02:00 PM Aug -0.7% -0.3% 0.2% 0.2%
2016-11-01 02:00 PM Sep -0.4% -0.5% 0.5% 0.4%
2016-12-01 03:00 PM Oct 0.5% 0% 0.5% 0.3%
2017-01-04 03:00 PM Nov 0.5% 0.34%
2017-02-01 03:00 PM Dec 0.38%
2017-03-01 03:00 PM Jan 0.34%




United States Housing Last Previous Highest Lowest Unit
Building Permits 1260.00 1225.00 2419.00 513.00 Thousand [+]
Housing Starts 1323.00 1054.00 2494.00 478.00 Thousand [+]
New Home Sales 563.00 574.00 1389.00 270.00 Thousand [+]
Pending Home Sales 1.80 2.40 30.00 -24.50 percent [+]
Existing Home Sales 5600.00 5490.00 7250.00 1370.00 Thousand [+]
Construction Spending 0.50 0.00 5.90 -4.80 percent [+]
Nahb Housing Market Index 63.00 63.00 78.00 8.00 [+]
Housing Index 0.60 0.70 1.20 -1.70 percent [+]
Mortgage Rate 4.27 4.23 10.56 3.47 percent [+]
Mortgage Applications -0.70 -9.40 49.10 -38.80 percent [+]
Home Ownership Rate 63.50 62.90 69.20 62.90 percent [+]
Case Shiller Home Price Index 191.78 191.53 206.52 100.00 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. 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 December of 2016.

Actual Previous Highest Lowest Dates Unit Frequency
0.50 0.00 5.90 -4.80 1964 - 2016 percent Monthly
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