Value of Construction Put in Place (AXXXX, T) · Total construction spending, seasonally adjusted annual rate
How much does the United States spend on construction?
The annual rate of construction spending was $2,186.1 billion in the month ended , down 2.7% from a year earlier.
Construction spending, seasonally adjusted, each month
Shaded bands are US recessions as the National Bureau of Economic Research dates them: to , to .
Shaded bands are US recessions as the National Bureau of Economic Research dates them: to .
Construction spending, change from a year earlier, each month (ours)
Shaded bands are US recessions as the National Bureau of Economic Research dates them: to , to .
Shaded bands are US recessions as the National Bureau of Economic Research dates them: to .
Each point is one month of the series as the source publishes it, or a change worked out from those values (ours). The US recessions are shaded. Pointing at the chart shows the month and the value.
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Inspect and compare dates
The newest month beside the one before it and the nearest ones a year, five and ten years earlier. The last ten years are in the table under "The numbers behind the chart".
| Measure | Latest | The month before | A year earlier | Five years earlier | Ten years earlier |
|---|---|---|---|---|---|
| Month | |||||
| Construction spending | $2,186.1 billion | $2,227.4 billion | $2,245.8 billion | $1,673.5 billion | $1,232.4 billion |
| Change over a year | −2.7% | −0.7% | −0.8% | +10.6% | +5.9% |
The table scrolls sideways; the first column stays in place.
Observed .
Right now
The annual rate of construction spending was $2,186.1 billion in September 2026, the lowest since July 2026.
Over a year it is down 2.7% (ours).
ChangeOurs
| Period | Then | Change |
|---|---|---|
| One month | $2,227.4 billion in | −1.9% |
| Three months | $2,187.4 billion in | −0.1% |
| Twelve months | $2,245.8 billion in | −2.7% |
| Five years | $1,673.5 billion in | +30.6% |
| Ten years | $1,232.4 billion in | +77.4% |
In historyOurs
The annual rate of construction spending of $2,186.1 billion in was higher than in 267 of the 296 other months since , the same in 0 and lower in 29.
Highest since : $2,265.8 billion in . Lowest since : $758.4 billion in .
AverageOurs
Average since : $1,298.12 billion (ours, a plain mean of the 297 months).
ComparedOurs
Over a year the annual rate of construction spending is down 2.7%, which ranks 8 of the 12 rows of the table, where 1 is the largest change.
The table sets the annual rate of construction spending beside the lines of the construction spending page, by the change over a year in each one's newest month.
Understanding the annual rate of construction spending
Where it stands today
The annual rate of construction spending was $2,186.1 billion in September 2026.
What does the annual rate of construction spending measure?
Construction spending is the value of the construction work done in a month in the United States: houses, offices, factories, schools, roads, power plants and the rest.
Read more
What 500metrics adds: the change over one month, three months, a year and five years, the highest and lowest value since the series begins, and how the change over a year compares with the other lines of the construction spending page.
The numbers behind the chart
What was the annual rate of construction spending in each month?The last ten years, 120 months, newest first; the chart and the file have every month since Jan 2002
| Month | Value | Change over a year |
|---|---|---|
| $2,186.1 billion | −2.7% | |
| $2,227.4 billion | −0.7% | |
| $2,184.0 billion | −2.6% | |
| $2,187.4 billion | −2.3% | |
| $2,168.4 billion | −3.4% | |
| $2,168.2 billion | −4.2% | |
| $2,199.4 billion | −2.5% | |
| $2,189.7 billion | −3.4% | |
| $2,195.6 billion | −2.9% | |
| $2,216.0 billion | −1.9% | |
| $2,220.7 billion | −1.9% | |
| $2,241.1 billion | −1.0% | |
| $2,245.8 billion | −0.8% | |
| $2,242.0 billion | −0.2% | |
| $2,242.6 billion | +0.1% | |
| $2,237.7 billion | 0.0% | |
| $2,244.4 billion | +0.5% | |
| $2,263.8 billion | +1.9% | |
| $2,256.3 billion | +1.9% | |
| $2,265.8 billion | +2.0% | |
| $2,261.1 billion | +3.2% | |
| $2,258.8 billion | +3.9% | |
| $2,262.6 billion | +4.3% | |
| $2,263.8 billion | +5.8% |
Show 96 more rows
| Month | Value | Change over a year |
|---|---|---|
| $2,263.1 billion | +6.9% | |
| $2,246.0 billion | +6.5% | |
| $2,240.4 billion | +7.5% | |
| $2,238.6 billion | +7.9% | |
| $2,232.8 billion | +8.7% | |
| $2,220.7 billion | +9.5% | |
| $2,214.1 billion | +10.7% | |
| $2,220.9 billion | +12.7% | |
| $2,191.6 billion | +12.0% | |
| $2,174.8 billion | +12.9% | |
| $2,170.3 billion | +13.1% | |
| $2,139.6 billion | +11.8% | |
| $2,117.2 billion | +10.4% | |
| $2,108.5 billion | +9.9% | |
| $2,083.6 billion | +8.3% | |
| $2,074.2 billion | +8.0% | |
| $2,053.9 billion | +6.8% | |
| $2,028.9 billion | +6.1% | |
| $2,000.4 billion | +6.6% | |
| $1,971.2 billion | +7.0% | |
| $1,957.6 billion | +8.3% | |
| $1,926.9 billion | +9.3% | |
| $1,919.5 billion | +10.8% | |
| $1,914.4 billion | +13.4% | |
| $1,917.9 billion | +14.6% | |
| $1,918.1 billion | +15.2% | |
| $1,923.9 billion | +15.8% | |
| $1,920.3 billion | +17.1% | |
| $1,924.0 billion | +18.3% | |
| $1,913.1 billion | +18.5% | |
| $1,877.4 billion | +16.6% | |
| $1,842.1 billion | +17.0% | |
| $1,807.8 billion | +13.1% | |
| $1,762.4 billion | +11.7% | |
| $1,731.9 billion | +11.6% | |
| $1,688.7 billion | +9.8% | |
| $1,673.5 billion | +10.6% | |
| $1,665.4 billion | +11.8% | |
| $1,661.5 billion | +12.7% | |
| $1,640.3 billion | +12.3% | |
| $1,626.6 billion | +12.3% | |
| $1,614.4 billion | +10.7% | |
| $1,609.8 billion | +7.2% | |
| $1,574.7 billion | +5.1% | |
| $1,598.7 billion | +7.2% | |
| $1,577.5 billion | +7.4% | |
| $1,552.5 billion | +6.0% | |
| $1,538.3 billion | +6.4% | |
| $1,512.5 billion | +5.2% | |
| $1,490.0 billion | +4.5% | |
| $1,474.6 billion | +4.4% | |
| $1,461.1 billion | +5.8% | |
| $1,448.8 billion | +6.2% | |
| $1,459.0 billion | +7.8% | |
| $1,501.7 billion | +13.8% | |
| $1,498.4 billion | +14.4% | |
| $1,491.2 billion | +15.1% | |
| $1,469.3 billion | +13.7% | |
| $1,464.9 billion | +12.4% | |
| $1,445.1 billion | +9.8% | |
| $1,438.2 billion | +8.7% | |
| $1,426.0 billion | +6.5% | |
| $1,413.0 billion | +5.8% | |
| $1,381.4 billion | +2.9% | |
| $1,364.6 billion | +0.3% | |
| $1,352.9 billion | 0.0% | |
| $1,319.5 billion | −2.0% | |
| $1,310.1 billion | −3.3% | |
| $1,295.5 billion | −3.2% | |
| $1,292.0 billion | −1.7% | |
| $1,302.7 billion | −0.5% | |
| $1,315.9 billion | +2.5% | |
| $1,323.2 billion | +3.4% | |
| $1,339.1 billion | +5.1% | |
| $1,335.0 billion | +4.7% | |
| $1,342.1 billion | +5.1% | |
| $1,360.7 billion | +6.1% | |
| $1,353.5 billion | +6.7% | |
| $1,345.7 billion | +5.6% | |
| $1,354.8 billion | +6.1% | |
| $1,338.5 billion | +6.6% | |
| $1,314.4 billion | +3.5% | |
| $1,309.3 billion | +3.5% | |
| $1,283.9 billion | +3.4% | |
| $1,280.0 billion | +3.9% | |
| $1,274.0 billion | +4.3% | |
| $1,275.6 billion | +5.0% | |
| $1,277.4 billion | +4.9% | |
| $1,282.1 billion | +7.7% | |
| $1,268.2 billion | +6.9% | |
| $1,274.5 billion | +7.2% | |
| $1,277.3 billion | +8.9% | |
| $1,256.0 billion | +8.2% | |
| $1,270.4 billion | +9.9% | |
| $1,264.9 billion | +10.4% | |
| $1,241.1 billion | +7.8% |
How does it compare with the lines of the construction spending page?Ranked by the change over a year
| Series | Month | Value | Change over a year | Rank |
|---|---|---|---|---|
| Office | $162.3 billion | +33.4% | 1 | |
| Power | $191.7 billion | +11.1% | 2 | |
| Highway and street | $150.9 billion | +3.9% | 3 | |
| Nonresidential | $1,325.0 billion | +1.8% | 4 | |
| Public construction | $546.8 billion | +1.0% | 5 | |
| Health care | $76.5 billion | +0.4% | 6 | |
| Educational | $137.6 billion | −2.6% | 7 | |
| Total construction (this page) | $2,186.1 billion | −2.7% | 8 | |
| Private construction | $1,639.3 billion | −3.8% | 9 | |
| Commercial | $122.9 billion | −4.0% | 10 | |
| Residential | $861.2 billion | −8.8% | 11 | |
| Manufacturing | $170.2 billion | −17.0% | 12 |
The table scrolls sideways; the first column stays in place.
What do these figures leave out, and how are they cited?Limits, dates and how to cite
What this number cannot tell you
- The values are the Census Bureau's estimates of the value of construction work done in the month, on new buildings and structures and on improvements to existing ones, from a sample survey of owners of projects and from reports of public agencies, so each carries sampling error. It revises earlier months in later releases and each year.
- The values are annual rates: the amount that would be spent in a year at the pace of the month, after the Census Bureau's seasonal adjustment, in dollars of the month and not adjusted for changes in prices.
- Private construction is work for private owners; public construction is work for federal, state and local governments. A type of building is the Census Bureau's grouping of projects by use; the lines of the types do not add up to the total, as the page shows some types only.
- The changes, the ranks and the highest and lowest values are ours, worked out from the values the Census Bureau publishes; a change is in percent.
- This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Observed . Checked .
How to cite this
U.S. Census Bureau, Economic Indicators. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau., Total construction spending, seasonally adjusted annual rate, through September 2026. Compiled by 500metrics, "How much does the United States spend on construction?", https://500metrics.com/construction-spending/total.
Can the data be downloaded?construction-spending-total.csv
Download the full history as CSV: 297 rows, to , 6,305 bytes.
Our text and compilation: CC BY 4.0.
Recession dates from the National Bureau of Economic Research.
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