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Story perspectives

Nonresidential Construction Spending Drops for Sixth Month

8/12/2025

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Story summary
  • Nonresidential construction spending decreased by 0.1% in June, totaling $1.241 trillion, down 0.5% from June 2024.
  • Private nonresidential spending fell by 0.3%, while public spending experienced a slight increase of 0.1%.
  • The construction sector has faced declines in 6 of the last 7 months, with total spending down 2.9% year-over-year.
  • Residential construction also declined, dropping 0.7% monthly and 6.0% annually.