Construction Spending Declined 0.5% in July

Washington, DC, September 1, 2026—Construction spending during July 2026 was estimated at a seasonally adjusted annual rate of $2,157.6 billion, 0.5% below the revised June estimate of $2,167.7 billion, according to the U.S. Census Bureau. 

The July figure is 3.8% below the July 2025 estimate of $2,242.6 billion. 

During the first seven months of this year, construction spending amounted to $1,244.6 billion, 3.5% below the $1,289.7 billion for the same period in 2025.

Spending on private construction was at a seasonally adjusted annual rate of $1,614.2 billion, 0.5% below the revised June estimate of $1,622.9 billion. Residential construction was at a seasonally adjusted annual rate of $859.0 billion in July, 1.3% below the revised June estimate of $870.6 billion. Nonresidential construction was at a seasonally adjusted annual rate of $755.2 billion in July, 0.4% above the revised June estimate of $752.4 billion.

In July, the estimated seasonally adjusted annual rate of public construction spending was $543.4 billion, 0.2% below the revised June estimate of $544.7 billion. Educational construction was at a seasonally adjusted annual rate of $112.3 billion, 0.2% below the revised June estimate of $112.5 billion. Highway construction was at a seasonally adjusted annual rate of $150.3 billion, 0.2% below the revised June estimate of $150.6 billion.