The U.S. government is reporting that total construction spending in May, 2025 was at a seasonally adjusted annual rate of $2,138.2 billion, down 0.3% from April’s revised number. In addition, April’s estimate is 3.5% lower than one year ago. Residential construction came in at a seasonally adjusted annual rate of $888.9 billion in May, which is 0.5% lower than April’s revised estimate.
Click here to read the full report at the U.S. Census Bureau.
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