Total Construction
Construction spending during July 2026 was estimated at a seasonally adjusted annual rate of $2,157.6 billion, 0.5 percent (±0.8 percent)* below the revised June estimate of $2,167.7 billion. The July figure is 3.8 percent (±1.5 percent) below the July 2025 estimate of $2,242.6 billion. During the first seven months of this year, construction spending amounted to $1,244.6 billion, 3.5 percent (±1.0 percent) below the $1,289.7 billion for the same period in 2025.
Private Construction
Spending on private construction was at a seasonally adjusted annual rate of $1,614.2 billion, 0.5 percent (±0.3 percent) below the revised June estimate of $1,622.9 billion. Residential construction was at a seasonally adjusted annual rate of $859.0 billion in July, 1.3 percent (±1.3 percent)* below the revised June estimate of $870.6 billion. Nonresidential construction was at a seasonally adjusted annual rate of $755.2 billion in July, 0.4 percent (±0.3 percent) above the revised June estimate of $752.4 billion.
Public Construction
In July, the estimated seasonally adjusted annual rate of public construction spending was $543.4 billion, 0.2 percent (±1.6 percent)* below the revised June estimate of $544.7 billion. Educational construction was at a seasonally adjusted annual rate of $112.3 billion, 0.2 percent (±1.6 percent)* below the revised June estimate of $112.5 billion. Highway construction was at a seasonally adjusted annual rate of $150.3 billion, 0.2 percent (±4.6 percent)* below the revised June estimate of $150.6 billion.
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