Construction Data & Figs - February 2025
- Dates & Figs
- February 24, 2025

Softness in construction spending predicted for 2025 & 2026 After increasing by almost 20% in 2023 and another 6% last year, construction spending for nonresidential buildings—commercial, industrial, and institutional facilities—is projected to slow dramatically this year and next. Panelists participating in The American Institute of Architects’ Consensus Construction Forecast are expecting gains of only 2.2%
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U.S. Census: MONTHLY CONSTRUCTION SPENDING, NOVEMBER 2024 Total Construction Construction spending during November 2024 was estimated at a seasonally adjusted annual rate of $2,152.6 billion, virtually unchanged from (±1.0 percent)* the revised October estimate of $2,152.3 billion. The November figure is 3.0 percent (±1.5 percent) above the November 2023 estimate of $2,090.7 billion. During the
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U.S. Census Total Construction Construction spending during October 2024 was estimated at a seasonally adjusted annual rate of $2,174.0 billion, 0.4 percent (±1.2 percent)* above the revised September estimate of $2,164.7 billion. The October figure is 5.0 percent (±1.5 percent) above the October 2023 estimate of $2,071.1 billion. During the first ten months of this
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The U.S. Census Bureau announced the following value put in place construction statistics for September 2024: Total Construction Construction spending during September 2024 was estimated at a seasonally adjusted annual rate of $2,148.8 billion, 0.1 percent (±1.0 percent)* above the revised August estimate of $2,146.0 billion. The September figure is 4.6 percent (±1.6 percent) above
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U.S. Census Total Construction Construction spending during August 2024 was estimated at a seasonally adjusted annual rate of $2,131.9 billion, 0.1 percent (±1.2 percent)* below the revised July estimate of $2,133.9 billion. The August figure is 4.1 percent (±1.6 percent) above the August 2023 estimate of $2,047.4 billion. During the first eight months of this
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US Census Total Construction Construction spending during June 2024 was estimated at a seasonally adjusted annual rate of $2,148.4 billion, 0.3 percent (±1.0 percent)* below the revised May estimate of $2,154.8 billion. The June figure is 6.2 percent (±1.6 percent) above the June 2023 estimate of $2,023.0 billion. During the first six months of this
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