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May 01, 2025US CONSTRUCTION SPENDING, MARCH 2025 Month over month (March 2025 vs February 2025), seasonally adjusted annual rate)
US construction spending decreased 0.5% to $2,196.1 billion.
- Total residential construction declined 0.4% to $949.5 billion.
- Total non-residential construction spending fell 0.5% to $1,246.6 billion.
- Private sector construction dropped 0.6% to $1,688.0 billion.
- Public sector construction decreased 0.2% to $508.1 billion.
Private residential construction dropped 0.4% to $937.7 billion, while private non-residential construction spending declined 0.8% to $750.3 billion.
Public residential construction increased 0.2% to $11.8 billion, while public non-residential construction spending declined 0.2% to $496.3 billion.
Year-to-date (January-March 2025 vs January-March 2024)
US construction spending increased 3.2%.
- Total residential construction increased 2.9%.
- Total non-residential construction spending increased 3.5%.
- Private sector construction increased 2.5%.
- Public sector construction increased 5.7%.
Source: US Census Bureau, retrieved from Federal Reserve Bank of St. Louis
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