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The February 2026 release, originally scheduled for April 1, 2026, and the March 2026 release, originally scheduled for May 1, 2026, for the Monthly Construction Spending report have been rescheduled for release on May 7, 2026. For more information, see the Economic Indicators Release Schedule.


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FOR IMMEDIATE RELEASE: Thursday, May 07, 2026

Monthly Construction Spending, March 2026

CB26-75



Total Construction
Construction spending during March 2026 was estimated at a seasonally adjusted annual rate of $2,185.5 billion, 0.6 percent (±0.5 percent) above the February estimate of $2,173.2 billion. The March figure is 1.6 percent (±1.0 percent) above the March 2025 estimate of $2,150.8 billion. During the first three months of this year, construction spending amounted to $479.4 billion, 0.3 percent (±1.0 percent)* above the $477.9 billion for the same period in 2025.


Private Construction
Spending on private construction was at a seasonally adjusted annual rate of $1,659.0 billion, 0.8 percent (±0.5 percent) above the February estimate of $1,645.6 billion. Residential construction was at a seasonally adjusted annual rate of $929.7 billion in March, 1.7 percent (±1.3 percent) above the February estimate of $914.6 billion. Nonresidential construction was at a seasonally adjusted annual rate of $729.4 billion in March, 0.2 percent (±0.5 percent)* below the February estimate of $731.0 billion.

Public Construction
In March, the estimated seasonally adjusted annual rate of public construction spending was $526.4 billion, 0.2 percent (±1.0 percent)* below the February estimate of $527.6 billion. Educational construction was at a seasonally adjusted annual rate of $113.0 billion, 0.6 percent (±1.6 percent)* below the February estimate of $113.6 billion. Highway construction was at a seasonally adjusted annual rate of $147.8 billion, 0.1 percent (±2.8 percent)* below the February estimate of $148.0 billion.

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