October construction spending rose half a percent over September
October 2025 construction spending was estimated at a seasonally adjusted annual rate of $2,175.2 billion, 0.5% above the September estimate of $2,164.3 billion and 1.0% below the October 2024 estimate of $2,197.1 billion.
During the first 10 months of 2025, construction spending amounted to $1,825.3 billion, 1.4% below the $1,851.4 billion for the same period in 2024.
Private Construction
Spending on private construction was at a seasonally adjusted annual rate of $1,651.3 billion, 0.6% above the September estimate of $1,640.8 billion. Residential construction was at a seasonally adjusted annual rate of $913.9 billion in October, 1.3% above the September estimate of $902.3 billion. Nonresidential construction was at a seasonally adjusted annual rate of $737.4 billion in October, 0.2% below the September estimate of $738.5 billion.
Public Construction
In October, the estimated seasonally adjusted annual rate of public construction spending was $524.0 billion, 0.1% above the September estimate of $523.5 billion. Educational construction was at a seasonally adjusted annual rate of $114.8 billion, 0.7% above the September estimate of $114.0 billion. Highway construction was at a seasonally adjusted annual rate of $141.6 billion, 0.1% above the September estimate of $141.4 billion.
INDUSTRIAL SUPPLY MAGAZINE
The November/December issue of Industrial Supply magazine features an in-depth cover story about Applied Industrial Technologies. Plus, we're featuring articles by contributing writers Dr. Bharani Nagarathnam and Frank Hurtte, as well as interviews with numerous product and distribution industry experts.
