Total Construction
Construction spending during September 2026 was estimated at a seasonally adjusted annual rate of $2,186.1 billion, 1.9 percent (±0.7 percent) below the revised August estimate of $2,227.4 billion. The September figure is 2.7 percent (±1.5 percent) below the September 2025 estimate of $2,245.8 billion. During the first nine months of this year, construction spending amounted to $1,649.6 billion, 2.9 percent (±1.0 percent) below the $1,698.6 billion for the same period in 2025.
Private Construction
Spending on private construction was at a seasonally adjusted annual rate of $1,639.3 billion, 2.4 percent (±0.5 percent) below the revised August estimate of $1,680.3 billion. Residential construction was at a seasonally adjusted annual rate of $848.8 billion in September, 5.5 percent (±1.3 percent) below the revised August estimate of $898.0 billion. Nonresidential construction was at a seasonally adjusted annual rate of $790.6 billion in September, 1.1 percent (±0.5 percent) above the revised August estimate of $782.3 billion.
Public Construction
In September, the estimated seasonally adjusted annual rate of public construction spending was $546.8 billion, 0.1 percent (±1.3 percent)* below the revised August estimate of $547.1 billion. Educational construction was at a seasonally adjusted annual rate of $113.1 billion, virtually unchanged from (±1.3 percent)* the revised August estimate of $113.1 billion. Highway construction was at a seasonally adjusted annual rate of $149.2 billion, 0.3 percent (±3.6 percent)* below the revised August estimate of $149.7 billion.
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