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

Construction spending in the United States increased by 0.9 percent month-over-month to $1.18 trillion in November 2016, the highest level since April 2006, following an upwardly revised 0.6 percent growth in October. The figure came in better than market expectations, as spending on private construction jumped 1 percent to its highest level since July 2006, after edging up by 0.1 percent in the previous month, boosted by single-family home building and home renovations. Also, investment in private nonresidential structures rose by 0.9 percent (from -1.5 percent in October); and public construction spending went up 0.8 percent to the highest level since March (+2.2 percent in October). Year-on-year, construction spending grew by 4.1 percent. 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)
2016-11-01 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%
2017-01-03 03:00 PM Nov 0.9% 0.6% 0.6% 0.4%
2017-02-01 03:00 PM Dec 0.52%
2017-03-01 03:00 PM Jan 0.51%
2017-04-03 02:00 PM Feb 0.52%




United States Housing Last Previous Highest Lowest Unit
Building Permits 1210.00 1212.00 2419.00 513.00 Thousand [+]
Housing Starts 1226.00 1102.00 2494.00 478.00 Thousand [+]
New Home Sales 592.00 563.00 1389.00 270.00 Thousand [+]
Pending Home Sales -0.40 1.80 30.90 -24.30 percent [+]
Existing Home Sales 5610.00 5570.00 7250.00 1370.00 Thousand [+]
Construction Spending 0.90 0.60 5.90 -4.80 percent [+]
Nahb Housing Market Index 67.00 69.00 78.00 8.00 [+]
Housing Index 0.40 0.60 1.20 -1.70 percent [+]
Mortgage Rate 4.27 4.32 10.56 3.47 percent [+]
Mortgage Applications 0.80 5.80 49.10 -38.80 percent [+]
Home Ownership Rate 63.50 62.90 69.20 62.90 percent [+]
Case Shiller Home Price Index 191.79 191.68 206.52 100.00 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 January of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
0.90 0.60 5.90 -4.80 1964 - 2016 percent Monthly
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