Key data points
Last release
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Observation period
Oct 2024
Next release
—
Forecast
—
Highest
5.90 % on Apr 30, 1978
Lowest
−4.80 % on Feb 28, 1975
About 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.