Construction spending in the United States reached $1,232.7 billion during the first seven months of 2025, a 2.2% decrease from $1,259.9 billion in the same period of 2024. Residential construction accounted for $524.7 billion, down 4.0%, while nonresidential construction declined 0.8% to $707.9 billion, according to the U.S. Census Bureau.
Private construction dropped 3.8% year-to-date to $946.5 billion. Within that, private residential construction fell 4.1% to $517.9 billion. New multifamily housing saw the sharpest drop, down 12.5% to $66.6 billion, while new single-family construction declined 2.4% to $243.0 billion. Private nonresidential construction totaled $428.6 billion, down 3.5%, with commercial building down 13.7% and educational construction down 6.3%.
Public construction increased 3.8% to $286.2 billion over the same period. Public residential construction rose 6.3% to $6.8 billion, while nonresidential public spending also grew 3.8% to $279.4 billion. Public commercial construction jumped 37.9%, health care rose 14.0%, and amusement and recreation increased 11.0%.
For the month of July 2025, construction spending was at a seasonally adjusted annual rate of $2,139.1 billion, down 0.1% from June and 2.8% below July 2024. Private sector construction decreased 0.2% from the previous month, while public construction rose 0.3%.
