Construction spending fell in July 2025 by -0.1 %
Construction Spending
Modified 2025-09-03T12:28:03+00:00 Goran Soko / CSIMarket.com Contributer
Construction spending decreased after recent increase in the June 2025, pulled down by commercial construction spending by -0.81 %. In July 2025 outlays for U.S. construction projects declined by -0.1 % on the seasonally adjusted basis. Since construction outlays are one of the important sources of domestic growth, flat or declining construction spending is generally a negative sign.
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Construction outlays rose by 0.2 % over the past 12 months, led by public spending. Private construction outlays rose despite the decrease in total construction outlays, by 0.1 % on the seasonally adjusted basis, construction of health care and transportation projects grew above average. A negative news came from the business sector, as businesses cut investments for construction of commercial buildings. Growth in private construction spending is generally viewed as a good news, as increasing private investments show optimism in private sector about future economic growth. Private construction outlays fell by -1.8 % from July 2024.
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| Public Construction Spending
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June 2025 outlays for U.S. construction projects were revised to $2140.5 billion to show 0.1 % growth. Outlays for public construction projects grew despite the decrease in total construction outlays, by 0.3 % on the seasonally adjusted basis, nonresidential construction was led by higher spending for, offices, power, amusement and recreation projects. Construction spending on highways and streets have sunk. Government spending is subject to state and local budgets and often it does not reflect the current economic contidions. U.S. spending on public construction projects rose by 5.7 % in the past 12 months.
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Construction Spending Seasonally Adjusted
( in millions $) Annual Rate |
July 2025
Prel. |
June 2025
Rest. |
May 2025
Prel. |
April 2025
Prel. |
March 2025
Rest. |
| Total Construction |
|
2,139,110 |
2,140,546 |
2,138,215 |
2,152,380 |
2,178,718 |
| Residential |
|
898,686 |
897,878 |
901,086 |
904,593 |
923,118 |
| Nonresidential |
|
1,240,425 |
1,242,668 |
1,237,129 |
1,247,787 |
1,255,600 |
| Lodging |
|
23,946 |
23,736 |
22,879 |
23,047 |
23,425 |
| Office |
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105,493 |
105,490 |
103,987 |
104,120 |
105,089 |
| Commercial |
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119,122 |
120,094 |
119,711 |
122,569 |
124,191 |
| Health care |
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69,432 |
69,057 |
68,811 |
69,375 |
70,178 |
| Educational |
|
136,120 |
136,135 |
135,970 |
135,618 |
136,526 |
| Religious |
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4,620 |
4,633 |
4,587 |
4,793 |
5,078 |
| Public safety |
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19,347 |
19,322 |
19,740 |
19,273 |
19,009 |
| Amusement & recreation |
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42,619 |
42,710 |
42,306 |
42,720 |
42,411 |
| Transportation |
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68,598 |
68,328 |
67,626 |
71,099 |
70,292 |
| Power |
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156,052 |
156,677 |
155,429 |
152,009 |
153,377 |
| Highway & street |
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143,705 |
144,022 |
144,023 |
147,284 |
147,706 |
| Sewage & waste disposal |
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51,518 |
51,747 |
49,733 |
49,260 |
48,852 |
| Water supply |
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35,014 |
34,622 |
33,787 |
34,323 |
33,967 |
| Conservation & development |
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12,188 |
11,970 |
11,862 |
11,493 |
11,574 |
| Manufacturing |
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223,053 |
224,515 |
227,557 |
232,169 |
235,222 |
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| Total Private Construction
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886,533 |
885,939 |
888,904 |
892,811 |
911,324 |
| Residential |
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886,533 |
885,939 |
888,904 |
892,811 |
911,324 |
| New single family |
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419,136 |
418,517 |
421,275 |
429,461 |
434,105 |
| New multi-family |
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113,072 |
113,552 |
115,048 |
115,912 |
115,910 |
| Nonresidential |
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736,736 |
740,351 |
737,687 |
746,047 |
756,272 |
| Lodging |
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22,590 |
22,512 |
21,787 |
21,921 |
22,516 |
| Office |
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88,305 |
88,519 |
86,965 |
87,136 |
88,561 |
| Commercial |
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111,889 |
112,866 |
112,822 |
115,555 |
117,481 |
| Health care |
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53,307 |
53,139 |
52,685 |
53,314 |
54,472 |
| Educational |
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24,432 |
24,380 |
24,199 |
24,725 |
24,884 |
| Religious |
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4,620 |
4,633 |
4,587 |
4,793 |
5,078 |
| Amusement & recreation |
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19,182 |
19,372 |
18,977 |
19,114 |
18,840 |
| Transportation |
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19,307 |
19,183 |
18,543 |
22,579 |
22,468 |
| Communication |
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28,557 |
28,570 |
28,367 |
27,938 |
28,126 |
| Power |
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138,442 |
139,360 |
138,228 |
133,618 |
134,732 |
| Manufacturing |
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221,837 |
223,299 |
226,405 |
230,839 |
234,387 |
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| Total Public Construction |
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515,842 |
514,256 |
511,624 |
513,522 |
511,121 |
| Residential |
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12,153 |
11,939 |
12,182 |
11,782 |
11,794 |
| Nonresidential |
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503,689 |
502,317 |
499,442 |
501,740 |
499,328 |
| Office |
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17,188 |
16,971 |
17,022 |
16,984 |
16,528 |
| Commercial |
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7,233 |
7,228 |
6,888 |
7,015 |
6,710 |
| Health care |
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16,125 |
15,918 |
16,125 |
16,061 |
15,707 |
| Educational |
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111,688 |
111,755 |
111,771 |
110,893 |
111,641 |
| Public safety |
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19,123 |
19,099 |
19,492 |
19,003 |
18,781 |
| Amusement & recreation |
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23,437 |
23,338 |
23,330 |
23,606 |
23,571 |
| Transportation |
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49,291 |
49,146 |
49,083 |
48,520 |
47,824 |
| Power |
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17,610 |
17,317 |
17,201 |
18,391 |
18,644 |
| Highway & street |
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142,753 |
142,901 |
143,246 |
146,253 |
146,536 |
| Sewage & waste disposal |
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49,976 |
50,124 |
48,069 |
47,553 |
47,214 |
| Water supply |
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33,551 |
33,154 |
32,390 |
32,857 |
32,321 |
| Conservation & development |
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12,100 |
11,886 |
11,826 |
11,451 |
11,528 |
Construction Spending by Month and Category Year on Year Growth at Annual Rate
Construction Spending Seasonally
Adjusted
Annuall Rate ( Y/Y in % ) |
July 2025
|
June 2025
|
May 2025
|
April 2025
|
March 2025
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| Total Construction |
0.24 % |
-0.16 % |
-0.07 % |
2.54 % |
4.55 % |
| Residential |
-1.7 % |
-2.79 % |
-3.16 % |
0.26 % |
3.04 % |
| Nonresidential |
1.7 % |
1.83 % |
2.3 % |
4.26 % |
5.69 % |
| Lodging |
3.28 % |
1.85 % |
-0.67 % |
2.39 % |
3.56 % |
| Office |
4.95 % |
6.06 % |
5.95 % |
2.44 % |
3.4 % |
| Commercial |
-4.88 % |
-4.21 % |
-5.56 % |
-4.72 % |
-3.69 % |
| Health care |
4.1 % |
1.42 % |
3.32 % |
4.32 % |
3.55 % |
Educational |
6.91 % |
6.27 % |
7.94 % |
5.41 % |
6.26 % |
| Religious |
19.32 % |
15.88 % |
14.76 % |
21.46 % |
28.62 % |
| Public safety |
1.07 % |
0.91 % |
7.05 % |
8.28 % |
9.18 % |
| Amusement & recreation |
5.28 % |
4.1 % |
14.12 % |
18.22 % |
19.26 % |
Transportation |
-0.63 % |
0.65 % |
1.41 % |
7.06 % |
6.88 % |
| Power |
6.64 % |
6.66 % |
7.9 % |
12.06 % |
15.44 % |
| Highway & street |
1.9 % |
1.53 % |
-3.06 % |
-2.17 % |
-1.57 % |
| Sewage & waste disposal |
12.42 % |
13.95 % |
9.71 % |
16.82 % |
14.11 % |
Water supply |
6.17 % |
10.78 % |
9.55 % |
11.37 % |
15.13 % |
| Conservation & development |
3.01 % |
2.02 % |
4.32 % |
0.05 % |
-1.15 % |
Manufacturing |
-6.25 % |
-5.81 % |
-2.81 % |
1.63 % |
5.28 % |
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| Total Private Construction
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-1.82 % |
-2.87 % |
-3.2 % |
0.27 % |
3.06 % |
| Residential |
-1.82 % |
-2.87 % |
-3.2 % |
0.27 % |
3.06 % |
| New single family |
-0.32 % |
-2.4 % |
-3.51 % |
-2.21 % |
-0.66 % |
| New multi-family |
-11.89 % |
-11.81 % |
-12.1 % |
-12.22 % |
-11.77 % |
| Nonresidential |
-0.82 % |
-0.75 % |
0.52 % |
3.41 % |
5.55 % |
| Lodging |
0.09 % |
-0.24 % |
-2.52 % |
0.4 % |
2.26 % |
| Office |
4.83 % |
5.84 % |
5.58 % |
1.28 % |
3.28 % |
| Commercial |
-6.32 % |
-5.71 % |
-7.4 % |
-6.75 % |
-5.46 % |
| Health care |
0.29 % |
-2.93 % |
0.24 % |
0.79 % |
0.95 % |
| Educational |
-2.25 % |
-3.34 % |
1.44 % |
-1.9 % |
-3.49 % |
| Religious |
19.32 % |
15.88 % |
14.76 % |
21.46 % |
28.62 % |
| Amusement & recreation |
2.78 % |
1.04 % |
9.26 % |
12.81 % |
11.64 % |
| Transportation |
-13.66 % |
-11.71 % |
-12.32 % |
12.98 % |
13.76 % |
| Communication |
3.73 % |
2.87 % |
2.54 % |
12.43 % |
12.48 % |
| Power |
10.65 % |
10.89 % |
11.85 % |
17.24 % |
20.47 % |
| Manufacturing |
-6.31 % |
-6.03 % |
-2.94 % |
1.42 % |
5.3 % |
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| Total Public Construction |
5.67 % |
5.83 % |
4.92 % |
5.42 % |
5.79 % |
| Residential |
7.43 % |
3.57 % |
-0.29 % |
-0.61 % |
1.31 % |
| Nonresidential |
5.63 % |
5.89 % |
5.05 % |
5.57 % |
5.9 % |
| Office |
5.55 % |
7.21 % |
7.88 % |
8.8 % |
4 % |
| Commercial |
24.64 % |
27.61 % |
39.74 % |
48.43 % |
43.22 % |
| Health care |
19.07 % |
19.24 % |
14.85 % |
18.02 % |
13.7 % |
| Educational |
9.14 % |
8.63 % |
9.45 % |
7.19 % |
8.7 % |
Public safety |
1.35 % |
1.11 % |
6.78 % |
7.75 % |
9.15 % |
| Amusement & recreation |
7.42 % |
6.79 % |
18.41 % |
23 % |
26.14 % |
| Transportation |
5.61 % |
6.47 % |
7.78 % |
4.51 % |
3.93 % |
| Power |
-17.03 % |
-18.4 % |
-15.94 % |
-15.16 % |
-11.3 % |
Highway & street |
1.99 % |
1.51 % |
-2.94 % |
-2.22 % |
-1.66 % |
| Sewage & waste disposal |
12.32 % |
13.39 % |
9.36 % |
17.19 % |
16.37 % |
| Water supply |
5.73 % |
10.58 % |
9.13 % |
11.54 % |
14.23 % |
Conservation & development |
3.84 % |
3.95 % |
5.94 % |
1.34 % |
-1.47 % |
Construction Spending by Month and Category Month on Month Growth at Annual Rate
Construction Spending Seasonally
Adjusted
Annuall Rate ( M/M in % ) |
July 2025
|
June 2025
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May 2025
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April 2025
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March 2025
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| Total Construction |
-0.07 % |
0.11 % |
-0.66 % |
-1.21 % |
1.22 % |
| Residential |
0.09 % |
-0.36 % |
-0.39 % |
-2.01 % |
2.05 % |
| Nonresidential |
-0.18 % |
0.45 % |
-0.85 % |
-0.62 % |
0.63 % |
| Lodging |
0.88 % |
3.75 % |
-0.73 % |
-1.61 % |
1.64 % |
| Office |
0 % |
1.45 % |
-0.13 % |
-0.92 % |
0.93 % |
| Commercial |
-0.81 % |
0.32 % |
-2.33 % |
-1.31 % |
1.32 % |
| Health care |
0.54 % |
0.36 % |
-0.81 % |
-1.14 % |
1.16 % |
Educational |
-0.01 % |
0.12 % |
0.26 % |
-0.67 % |
0.67 % |
| Religious |
-0.28 % |
1 % |
-4.3 % |
-5.61 % |
5.95 % |
| Public safety |
0.13 % |
-2.12 % |
2.42 % |
1.39 % |
-1.37 % |
| Amusement & recreation |
-0.21 % |
0.95 % |
-0.97 % |
0.73 % |
-0.72 % |
Transportation |
0.4 % |
1.04 % |
-4.88 % |
1.15 % |
-1.14 % |
| Power |
-0.4 % |
0.8 % |
2.25 % |
-0.89 % |
0.9 % |
| Highway & street |
-0.22 % |
-0 % |
-2.21 % |
-0.29 % |
0.29 % |
| Sewage & waste disposal |
-0.44 % |
4.05 % |
0.96 % |
0.84 % |
-0.83 % |
Water supply |
1.13 % |
2.47 % |
-1.56 % |
1.05 % |
-1.04 % |
| Conservation & development |
1.82 % |
0.91 % |
3.21 % |
-0.7 % |
0.7 % |
Manufacturing |
-0.65 % |
-1.34 % |
-1.99 % |
-1.3 % |
1.31 % |
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| Total Private Construction
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0.07 % |
-0.33 % |
-0.44 % |
-2.03 % |
2.07 % |
| Residential |
0.07 % |
-0.33 % |
-0.44 % |
-2.03 % |
2.07 % |
| New single family |
0.15 % |
-0.65 % |
-1.91 % |
-1.07 % |
1.08 % |
| New multi-family |
-0.42 % |
-1.3 % |
-0.75 % |
0 % |
-0 % |
| Nonresidential |
-0.49 % |
0.36 % |
-1.12 % |
-1.35 % |
1.37 % |
| Lodging |
0.35 % |
3.33 % |
-0.61 % |
-2.64 % |
2.71 % |
| Office |
-0.24 % |
1.79 % |
-0.2 % |
-1.61 % |
1.64 % |
| Commercial |
-0.87 % |
0.04 % |
-2.37 % |
-1.64 % |
1.67 % |
| Health care |
0.32 % |
0.86 % |
-1.18 % |
-2.13 % |
2.17 % |
| Educational |
0.21 % |
0.75 % |
-2.13 % |
-0.64 % |
0.64 % |
| Religious |
-0.28 % |
1 % |
-4.3 % |
-5.61 % |
5.95 % |
| Amusement & recreation |
-0.98 % |
2.08 % |
-0.72 % |
1.45 % |
-1.43 % |
| Transportation |
0.65 % |
3.45 % |
-17.88 % |
0.49 % |
-0.49 % |
| Communication |
-0.05 % |
0.72 % |
1.54 % |
-0.67 % |
0.67 % |
| Power |
-0.66 % |
0.82 % |
3.45 % |
-0.83 % |
0.83 % |
| Manufacturing |
-0.65 % |
-1.37 % |
-1.92 % |
-1.51 % |
1.54 % |
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| Total Public Construction |
0.31 % |
0.51 % |
-0.37 % |
0.47 % |
-0.47 % |
| Residential |
1.79 % |
-1.99 % |
3.4 % |
-0.1 % |
0.1 % |
| Nonresidential |
0.27 % |
0.58 % |
-0.46 % |
0.48 % |
-0.48 % |
| Office |
1.28 % |
-0.3 % |
0.22 % |
2.76 % |
-2.68 % |
| Commercial |
0.07 % |
4.94 % |
-1.81 % |
4.55 % |
-4.35 % |
| Health care |
1.3 % |
-1.28 % |
0.4 % |
2.25 % |
-2.2 % |
| Educational |
-0.06 % |
-0.01 % |
0.79 % |
-0.67 % |
0.67 % |
Public safety |
0.13 % |
-2.02 % |
2.57 % |
1.18 % |
-1.17 % |
| Amusement & recreation |
0.42 % |
0.03 % |
-1.17 % |
0.15 % |
-0.15 % |
| Transportation |
0.3 % |
0.13 % |
1.16 % |
1.46 % |
-1.43 % |
| Power |
1.69 % |
0.67 % |
-6.47 % |
-1.36 % |
1.38 % |
Highway & street |
-0.1 % |
-0.24 % |
-2.06 % |
-0.19 % |
0.19 % |
| Sewage & waste disposal |
-0.3 % |
4.28 % |
1.09 % |
0.72 % |
-0.71 % |
| Water supply |
1.2 % |
2.36 % |
-1.42 % |
1.66 % |
-1.63 % |
Conservation & development |
1.8 % |
0.51 % |
3.27 % |
-0.67 % |
0.67 % |
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