Construction spending during December 2025 was estimated at a seasonally adjusted annual rate of $2,168.8 billion, 0.3% above the November estimate of $2,163.1 billion. The December figure is 0.4% below the December 2024 estimate of $2,176.6 billion. The value of construction in 2025 was $2,164.4 billion, 1.4% below the $2,194.8 billion spent in 2024.
Spending on private construction was at a seasonally adjusted annual rate of $1,647.1 billion, 0.5% above the November estimate of $1,638.8 billion. Residential construction was at a seasonally adjusted annual rate of $916.2 billion in December, 1.5% above the November estimate of $902.5 billion. Nonresidential construction was at a seasonally adjusted annual rate of $730.9 billion in December, 0.7% below the November estimate of $736.3 billion.
In December, the estimated seasonally adjusted annual rate of public construction spending was $521.7 billion, 0.5% below the November estimate of $524.3 billion. Educational construction was at a seasonally adjusted annual rate of $114.0 billion, 0.8% below the November estimate of $114.9 billion. Highway construction was at a seasonally adjusted annual rate of $141.4 billion, 0.3% below the November estimate of $141.8 billion.
Read the Census release.
