The U.S. government is reporting that total construction spending in July, 2025 was at a seasonally adjusted annual rate of $2,139.1 billion, down 0.1% from June’s revised number. In addition, July’s estimate is 2.8% lower than one year ago. Residential construction came in at a seasonally adjusted annual rate of $886.5 billion in July, which is 0.1% higher than June’s revised estimate.
Click here to read the full report at the U.S. Census Bureau.