June 1, 2026
Construction spending (the green bars above) rose 0.4% in April after climbing 0.2% in March. In the past 12 months it has risen 0.9%.
Private construction spending (excluding the government sector) rose 0.4% in April after gaining 0.2% in March. In the past year private construction has been unchanged..
Within the private construction spending category, residential spending rose 0.8% in April after increasing 0.6% in March. In the past 12 months residential construction spending has risen 1.7%. This category is showing early signs of turning upwards.
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Nonresidential construction fell 0.2% in April after declining 0.4% in March In the past 12 months nonresidential construction has declined 2.1%. It has been declining slowly for the past two years.
Public sector construction spending rose 0.4% in April after climbing 0.2% in March. In the past year such spending has risen 3.7%.
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Stephen Slifer
NumberNomics
Charleston, SC
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