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April 01, 2025US CONSTRUCTION SPENDING, FEBRUARY 2025 Month over month (February 2025 vs January 2025), seasonally adjusted annual rate)
US construction spending increased 0.7% to $2,195.8 billion.
- Total residential construction increased 1.3% to $940.6 billion.
- Total non-residential construction spending increased 0.3% to $1,255.2 billion.
- Private sector construction increased 0.9% to $1,686.4 billion.
- Public sector construction increased 0.2% to $509.3 billion.
Private residential construction increased 1.3% to $928.9 billion, while private non-residential construction spending increased 0.4% to $757.5 billion.
Public residential construction increased 0.2% to $11.7 billion, while public non-residential construction spending increased 0.2% to $497.7 billion.
Year-to-date (January-February 2025 vs January-February 2024)
US construction spending increased 2.8%.
- Total residential construction increased 1.5%.
- Total non-residential construction spending increased 3.8%.
- Private sector construction increased 1.8%.
- Public sector construction increased 6.1%.
Source: US Census Bureau, retrieved from Federal Reserve Bank of St. Louis
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