US Construction Spending Rises 0.9% in August 2026
Total construction spending reached $2.203 trillion in August, rebounding after a slight dip in July, the Census Bureau reported.
U.S. construction spending climbed 0.9 percent in August 2026 to a seasonally adjusted annual rate of $2,203.1 billion, according to data released by the U.S. Census Bureau. The gain followed a revised 0.1 percent decline in July, when spending stood at $2,184.5 billion.
The month-over-month increase signals a modest recovery in construction activity after July's pullback, though the Census Bureau noted the August figure carries a margin of error of plus or minus 1.0 percentage point, meaning the change is not statistically significant at the 90 percent confidence level.
Read more US Economy Grew 2.2% in Q2 2026, BEA Final Estimate Shows →
The back-to-back readings — a slight contraction in July followed by a rebound in August — reflect the uneven pace of construction investment that has characterized the sector amid elevated borrowing costs and shifting demand across residential and nonresidential segments. No breakdown by project type was provided in this release.
Continue reading at U.S. Census Bureau Economic Briefing Room.
