U.S. construction spending in October rose 0.5% from the revised September estimate to $2.175 trillion, according to U.S. Census Bureau data shared Jan. 21, topping consensus market estimates of a 0.1% uptick.
It was a healthy monthly rebound from September’s 0.6% decline, and the fourth increase in five months. Year-over-year, October spending was down 1.0%, while year-to-date spending was 1.4% below a year earlier.
U.S. Construction Spending: Month-to-Month % Change through October 2025
Private Construction
October spending on private construction was at a seasonally adjusted annual rate of $1.651 trillion, up 0.6% from September. Residential construction was at a seasonally adjusted annual rate of $913.9 billion, 1.3% above the revised September estimate. Nonresidential construction was at a seasonally adjusted annual rate of $737.4 billion, 0.2% below the revised September estimate.
Public Construction
In October, the estimated seasonally adjusted annual rate of public construction spending was $524 billion, 0.1% above the revised September estimate. Educational construction was at a seasonally adjusted annual rate of $114.8 billion, 0.7% above the revised September estimate. Highway construction was at a seasonally adjusted annual rate of $141.6 billion, 0.1% the revised September estimate.
Find the Bureau’s October construction spending report here.
