United States Construction Spending  1964-2018 | Data | Chart | Calendar

US construction spending edged up 0.1 percent from a month earlier to a seasonally adjusted annual rate of USD 1.32 trillion in August 2018, following an upwardly revised 0.2 percent advance in July and missing market expectations of a 0.4 percent gain. Spending on private construction fell 0.5 percent (-0.2 percent in July) as investment in private residential projects dropped 0.7 percent and that in on private nonresidential structures, which includes manufacturing and power plants, declined 0.2 percent. Meanwhile, spending on public construction jumped 2 percent to the highest level since July 2009, following a 1.7 percent increase in July. Investment in federal government construction projects soared 5.9 percent to a 10-month high and that in state and local government construction rose 1.7 percent to the highest level since March 2009. Construction Spending in the United States averaged 0.45 percent from 1964 until 2018, 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 Actual Previous Consensus TEForecast
2018-08-01 02:00 PM Construction Spending MoM -1.1% 1.3% 0.3% 0.3%
2018-09-04 02:00 PM Construction Spending MoM 0.1% -0.8% 0.5% 0.4%
2018-10-01 02:00 PM Construction Spending MoM 0.1% 0.2% 0.4% 0.4%
2018-11-01 02:00 PM Construction Spending MoM 0.1% 0.2% 0.41%
2018-12-03 03:00 PM Construction Spending MoM 0.35%


United States Housing Last Previous Highest Lowest Unit
Building Permits 1241.00 1249.00 2419.00 513.00 Thousand [+]
Housing Starts 1201.00 1268.00 2494.00 478.00 Thousand units [+]
New Home Sales 629.00 608.00 1389.00 270.00 Thousand [+]
Pending Home Sales -2.30 -2.40 30.90 -24.30 percent [+]
Existing Home Sales 5150.00 5330.00 7250.00 1370.00 Thousand [+]
Construction Spending 0.10 0.20 5.90 -4.80 percent [+]
Housing Index 0.20 0.30 1.20 -1.80 percent [+]
Nahb Housing Market Index 68.00 67.00 78.00 8.00 [+]
Mortgage Rate 5.10 5.05 10.56 3.47 percent [+]
Mortgage Applications -7.10 -1.70 49.10 -38.80 percent [+]
Case Shiller Home Price Index 213.76 213.17 213.76 100.00 Index Points [+]
Home Ownership Rate 64.30 64.20 69.20 62.90 percent [+]


United States Construction Spending

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 October of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
0.10 0.20 5.90 -4.80 1964 - 2018 percent Monthly
Current Prices, SA




construction spending by Country
Country Last
United States 0.10 Aug/18


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