Total Construction
Construction spending during May 2025 was estimated at a seasonally adjusted annual rate of $2,138.2 billion, 0.3 percent (±0.8 percent)* below the revised April estimate of $2,145.5 billion. The May figure is 3.5 percent (±1.3 percent) below the May 2024 estimate of $2,215.4 billion. During the first five months of this year, construction spending amounted to $841.5 billion, 2.1 percent (±1.0 percent) below the $859.6 billion for the same period in 2024.
Private Construction
Spending on private construction was at a seasonally adjusted annual rate of $1,626.6 billion, 0.5 percent (±0.5 percent)* below the revised April estimate of $1,634.2 billion. Residential construction was at a seasonally adjusted annual rate of $888.9 billion in May, 0.5 percent (±1.3 percent)* below the revised April estimate of $893.7 billion. Nonresidential construction was at a seasonally adjusted annual rate of $737.7 billion in May, 0.4 percent (±0.5 percent)* below the revised April estimate of $740.6 billion.
Public Construction
In May, the estimated seasonally adjusted annual rate of public construction spending was $511.6 billion, 0.1 percent (±1.5 percent)* above the revised April estimate of $511.3 billion. Educational construction was at a seasonally adjusted annual rate of $111.8 billion, 0.2 percent (±2.1 percent)* above the revised April estimate of $111.6 billion. Highway construction was at a seasonally adjusted annual rate of $143.2 billion, 0.3 percent (±4.6 percent)* below the revised April estimate of $143.7 billion.
Additional Release Materials
All files below are less than 1 MB.
