Total U.S. construction spending declined in April following a similar pattern in March, according to figures shared on June 2 by the U.S. Census Bureau.
MDM’s 1Q25 MarketPulse Report (store link)Â
Spending in April was estimated at a seasonally adjusted annual rate of $2.152 trillion, 0.4% below the revised march estimate of $2.162 trillion and 0.5% below the April 2024 estimate.
U.S. Construction Spending: Month-to-Month % Change through March 2025
source: tradingeconomics.com
Private Construction
April spending on private construction was at a seasonally-adjusted rate of $1.638 trillion, 0.7% below the revised March estimate. Residential construction was at a rate of $892.8 billion, 0.9% below the revised March estimate of $900.7 billion, while nonresidential construction’s rate of $746 billion was 0.5% below the revised March estimate.
Public Construction
April spending on public construction was at a seasonally-adjusted annual rate of $513.5 billion, 0.4% above the revised March estimate. Educational construction was at a rate of $110.9 billion, 0.1% below the revised March estimate, while highway construction’s rate of $146.3 billion was 0.5% above the revised March estimate.
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