Construction spending edged up 0. 1% in May | ABA Banking Journal
Construction spending during May 2026 was estimated at a seasonally adjusted annual rate of $2,210. 2 billion, 0. 1% above the April estimate of $2,207. 1 billion. The May figure is 1. 5% below the May 2025 estimate of $2,244. 4 billion. During the first five months of this year, construction spending amounted to $858. 4 billion, 2. 7% below the $882. 2 […]
Construction spending during May 2026 was estimated at a seasonally adjusted annual rate of $2,210. 2 billion, 0. 1% above the April estimate of $2,207. 1 billion. The May figure is 1. 5% below the May 2025 estimate of $2,244. 4 billion. During the first five months of this year, construction spending amounted to $858. 4 billion, 2. 7% below the $882. 2 billion for the same period in 2025. Spending on private construction was at a seasonally adjusted annual rate of $1,669. 0 billion, from the revised April estimate of $1,668. 5 billion. Residential construction was at a seasonally adjusted annual rate of $930. 2 billion in May, 0. 3% above the revised April estimate of $927. 1 billion. Nonresidential construction was at a seasonally adjusted annual rate of $738. 7 billion in May, 0. 3% below the April estimate of $741. 3 billion. In May, the estimated seasonally adjusted annual rate of public construction spending was $541. 2 billion, 0. 5% above the revised April estimate of $538. 6 billion. Educational construction was at a seasonally adjusted annual rate of $113. 4 billion, 0. 6% above the revised April estimate of $112. 8 billion. Highway construction was at a seasonally adjusted annual rate of $150. 6 billion, 0. 6% above the revised April estimate of $149. 6 billion. Read the Censusrelease.