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July 02, 2025US CONSTRUCTION SPENDING, MAY 2025 Month over month (May 2025 vs April 2025), seasonally adjusted annual rate)
US construction spending decreased 0.3% to $2,138.2 billion.
- Total residential construction declined 0.5% to $901.1 billion.
- Total non-residential construction spending decreased 0.2% to $1,237.1 billion.
- Private sector construction declined 0.5% to $1,626.6 billion.
- Public sector construction increased 0.1% to $511.6 billion.
Private residential construction declined 0.5% to $888.9 billion, while private non-residential construction spending decreased 0.4% to $737.7 billion.
Public residential construction increased 1.4% to $12.2 billion, while public non-residential construction spending increased 0.03% to $499.4 billion.
Year-to-date (January-May 2025 vs January-May 2024)
US construction spending decreased 1.6%.
- Total residential construction decreased 2.3%.
- Total non-residential construction spending decreased 1.0%.
- Private sector construction decreased 3.0%.
- Public sector construction increased 3.3%.
Source: US Census Bureau, retrieved from Federal Reserve Bank of St. Louis
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