Prior month -0.3%.
June 2025 U.S. Construction Spending Summary
Total Construction:
Construction spending declined 0.4% MoM to a seasonally adjusted annual rate of $2.14 trillion in June. Compared to a year ago, spending was down 2.9% YoY. Year-to-date spending for the first half of 2025 is 2.2% lower than the same period in 2024.
Private Construction:
Spending fell 0.5% MoM to $1.62 trillion.
Residential: Down 0.7% to $883.1 billion.
Nonresidential: Down 0.3% to $738.8 billion.
Public Construction:
Spending edged up 0.1% MoM to $514.3 billion.
Educational: Up 0.4% to $112.7 billion.
Highway: Up 0.6% to $144.1 billion.
Bottom line: Overall construction activity softened in June, led by declines in private residential and nonresidential sectors, while public construction saw modest gains, especially in education and highway projects.
This article was written by Greg Michalowski at investinglive.com.