Updated: 01-Jun-26 10:47 ET
| April Construction Spending |
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| Updated: 01-Jun-26 10:47 ET |
Highlights
- Construction spending increased 0.4% month-over-month in April (Briefing.com consensus 0.3%) after increasing a revised 0.2% (from 0.6%) in March.
- On a year-over-year basis, construction spending was up 0.9%.
Key Factors
- Total private construction was up 0.4% month-over-month in April, while total public construction also increased 0.4%.
- Total residential spending was up 0.8% month-over-month in April, while nonresidential spending was up 0.1%.
- In private construction, residential spending increased 0.8%, with new single-family construction rising 1.4% and new multifamily construction falling 0.3%. Nonresidential spending decreased 0.2%, led by a 1.2% decrease in manufacturing spending and a 0.7% decrease in commercial spending.
- In public construction, nonresidential spending was up 0.4% month-over-month, with conservation and development spending up 5.0% and commercial spending up 2.8%.
Big Picture
- The key takeaway from the report is that it included a sharp downward revision to growth rate from March (0.2%), resulting in a weak report overall. New single-family construction spending increased a solid 1.4% in April but was still down 2.9% year-over-year.
| Category | APR | MAR | FEB | JAN | DEC |
| Nominal (Current) Dollars | |||||
| Total Construction | 0.4% | 0.2% | -0.8% | -1.9% | 1.8% |
| Private | 0.4% | 0.2% | -1.1% | -2.6% | 2.4% |
| Residential | 0.8% | 0.6% | -2.0% | -4.6% | 4.6% |
| Nonresidential | -0.2% | -0.4% | 0.0% | 0.0% | -0.4% |
| Public | 0.4% | 0.2% | 0.1% | 0.5% | 0.0% |
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