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September 04, 2018US CONSTRUCTION SPENDING, JULY 2018 
In July, US construction spending increased 0.1 per cent to 1,315 billion. This follows a revised decline of 0.8 per cent reported in June, when construction spending totaled $1,314 billion. Year-over-year, spending is 5.8 per cent above July 2017.
Private sector construction decreased by 0.1 per cent in July to $1,011 billion, and is up 5.1 per cent over July of last year. Public sector construction rose 0.7 per cent to $304.5 billion in July, and is up 8.3 per cent year-over-year.
US residential construction rose 0.6 per cent month-to-month to $567 billion, and is up 6.6 per cent over July 2017. Non-residential construction spending declined 0.3 per cent to $749 billion in July, and increased 5.3 per cent year-over-year.
In the first seven months of 2018, US construction spending is up 5.2 per cent over the same period in 2017. Residential construction grew by 7.6 per cent, while non-residential grew by 3.5 per cent. Private sector construction increased by 5.2 per cent and public sector construction increased 5.4 per cent, compared to the first seven months of 2017.
Source: US Census Bureau
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