Construction spending in the US rose by 0.9% month-over-month to a seasonally adjusted annual rate of $2,203 billion in August 2026, following a downwardly revised 0.1% decrease in July. Private-sector construction rose 1.1%, supported by a 1.1% increase in residential activity, amid gains in single-family projects (+0.2%) and multi-family construction (0.2%). Spending on nonresidential structures like offices and factories went up by 0.2%. Year-on-year, construction spending shrank by 1.7%.