April Amounts Down for Construction Spending
- Jun 1
- 2 min read
Construction spending during April 2025 was estimated at a seasonally adjusted annual rate of $2,152.4 billion, 0.4 percent below the downward revised March estimate of $2,162.0 billion. The April figure is 0.5 percent below the April 2024 estimate of $2,163.2 billion. During the first four months of this year, construction spending amounted to $660.2 billion, a modest 1.4 percent above the $651.3 billion for the same period in 2024. It’s worth noting, public spending actually increased while it was the private sector (mostly residential spending) that experienced a decrease.
Private Construction
Spending on private construction was at a seasonally adjusted annual rate of $1,638.9 billion, 0.7 percent below the revised March estimate of $1,650.8 billion. Residential construction was at a seasonally adjusted annual rate of $892.8 billion in April, 0.9 percent below the revised March estimate of $900.7 billion. Nonresidential construction was at a seasonally adjusted annual rate of $746.0 billion in April, 0.5 percent below the revised March estimate of $750.1 billion.
Public Construction
In April, the estimated seasonally adjusted annual rate of public construction spending was $513.5 billion, 0.4 percent above the revised March estimate of $511.3 billion. Educational construction was at a seasonally adjusted annual rate of $110.9 billion, 0.1 percent below the revised March estimate of $111.0 billion. Highway construction was at a seasonally adjusted annual rate of $146.3 billion, 0.5 percent above the revised March estimate of $145.5 billion.
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