Construction spending on new single-family homes in the U.S. declined by 1.1% in April 2025 to a seasonally adjusted annual rate of $429 billion, while spending on multifamily housing edged down 0.1% to $116 billion. The total for private residential construction fell to a seasonally adjusted annual rate of $893 billion, 0.9% below March and 5% lower than April 2024, according to the U.S. Census Bureau.
Private construction overall was at a seasonally adjusted annual rate of $1.64 trillion in April, down 0.7% from the revised March estimate of $1.65 trillion. Within nonresidential private building, commercial construction declined 1.0% and manufacturing dropped 0.6%.
Public construction rose 0.4% to a seasonally adjusted annual rate of $514 billion, led by a 0.5% increase in highway and street projects and a 3.3% rise in health care facilities. Educational construction remained flat at $111 billion.
Total construction spending across all sectors reached a seasonally adjusted annual rate of $2.15 trillion in April, a 0.4% decrease from March and 0.5% below the April 2024 level. Through the first four months of 2025, construction spending amounted to $660 billion, 1.4% higher than the same period in 2024.
