US Construction Spending Slips in June

On Monday, the US Census Bureau reported that total construction spending in June was at a seasonally adjusted annual rate (SAAR) of $2,166.5 billion, down 0.1% from the revised May estimate of $2,168.5 billion. Compared with June 2025, spending declined 3.2% from $2,237.7 billion.

For the first half of the year, construction spending totaled $1,046.9 billion, 3.5% below the $1,084.5 billion spent during the same period in 2025.

Private Construction

Private construction spending was at a SAAR of $1,622.5 billion in June, down 0.1% from the revised May estimate of $1,624.5 billion.

Residential construction declined 0.3% to $877.1 billion, down from the revised May estimate of $879.9 billion. Nonresidential construction increased 0.1% to $745.3 billion, compared with the revised May estimate of $744.6 billion.

Public Construction

Public construction spending was estimated at a SAAR of $544.1 billion, virtually unchanged from the revised May estimate of $544.0 billion.

Educational construction was also virtually unchanged at $113.1 billion, while highway construction declined 0.1% to $150.9 billion.