Updated: 01-Oct-26 10:36 ET
| August Construction Spending |
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| Updated: 01-Oct-26 10:36 ET |
Highlights
- Construction spending increased 0.9% month-over-month in August (Briefing.com consensus: 0.3%) following a 0.1% decline in July.
- On a year-over-year basis, construction spending was down 1.7%.
Key Factors
- Total private construction was up 1.1% month-over-month in August, while total public construction was up 0.2%.
- Total residential spending jumped 1.1% month-over-month in August, while nonresidential spending rose 0.7%.
- In private construction, residential spending increased 1.1%, with new single-family construction up 0.2% and new multifamily construction up 0.2%. Nonresidential spending increased 1.0%, led by a 4.6% increase in office spending and a 0.9% increase in power spending.
- In public construction, nonresidential spending jumped 0.2% month-over-month, with highway and street spending up 0.1%.
Big Picture
- The key takeaway from the report was the strength seen in private construction, which included solid increases for both residential and nonresidential spending.
| Category | AUG | JUL | JUN | MAY | APR |
| Nominal (Current) Dollars | |||||
| Total Construction | 0.9% | -0.1% | 0.9% | 0.0% | -1.4% |
| Private | 1.1% | -0.2% | 1.0% | -0.2% | -2.2% |
| Residential | 1.1% | -1.1% | 0.8% | -0.8% | -3.9% |
| Nonresidential | 1.0% | 0.8% | 1.3% | 0.6% | 0.0% |
| Public | 0.2% | 0.1% | 0.4% | 0.6% | 0.9% |
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