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June 01, 2020US CONSTRUCTION SPENDING, APRIL 2020 COVID-19 Impact: Due to recent events surrounding COVID-19, many governments and businesses are operating on a limited capacity or have ceased operations completely. The Census Bureau has monitored response and data quality and determined estimates in this release meet publication standards.
In April 2020, US construction spending (seasonally adjusted annual rate) decreased 2.9 per cent to $1,346 billion. Year-over-year, US construction spending is 3.0 per cent above April 2019 estimate of $1,307 billion.
Total Residential construction spending decreased 4.5 per cent to $544 billion and total non-residential construction spending decreased 1.8 per cent to $802 billion.
Private sector construction decreased 3.0 per cent to $1,004 billion and is up 3.8 per cent over April 2019.
- Private residential construction decreased 4.5 per cent to $537 billion and is up 6.2 per cent over April 2019.
- Private non-residential construction spending decreased 1.3 per cent to $467 billion and increased 1.1 per cent over April 2019.
Public sector construction decreased 2.5 cent to $342 billion and is up 0.8 per cent over April 2019.
- Public residential construction decreased 5.2 per cent to $7.5 billion and is up 16.9 per cent over April 2019.
- Public non-residential construction spending decreased 2.5 per cent to $335 billion, and up 0.5 per cent over April 2019.
Source: US Census Bureau
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