2 September 2025, 19:01 USA: Construction Spending Shrinks for 9th Month.
Construction spending in the United States fell by 0.1% month-over-month to a seasonally adjusted annual rate of $2,139.1 billion in July 2025, in line with forecasts and marking the ninth consecutive monthly decrease. Private sector spending fell by 0.2% in the period, with the nonresidential segment shrinking by 0.5%, with amusement and recreation buildings seeing the steepest drop at 1%. Conversely, residential construction rose by 0.1%, as a 0.1% increase in single-family projects was outweighed by a 0.4% fall in multi-family buildings. Meanwhile, public spending went up 0.3%, chiefly driven by a 1.8% increase in the residential sector. The nonresidential segment rose by 0.3%, led by conservation and development (+1.8%) and power projects (+1.7%). On a yearly basis, construction spending slumped by 2.8% in July.
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