April construction spending dips 0.4%
Construction spending during April 2025 was estimated at a seasonally adjusted annual rate of $2,152.4 billion, 0.4% (±0.7 %) below the revised March estimate of $2,162.0 billion.
The April figure is 0.5% (±1.2%) below the April 2024 estimate of $2,163.2 billion. During the first four months of this year, construction spending amounted to $660.2 billion, 1.4% (±1.0%) above the $651.3 billion for the same period in 2024.
Spending on private construction was at a seasonally adjusted annual rate of $1,638.9 billion, 0.7% (±0.7%)* below the revised March estimate of $1,650.8 billion. Residential construction was at a seasonally adjusted annual rate of $892.8 billion in April, 0.9 % (±1.3%)* below the revised March estimate of $900.7 billion. Nonresidential construction was at a seasonally adjusted annual rate of $746.0 billion in April, 0.5 % (±0.7%)* below the revised March estimate of $750.1 billion.
In April, the estimated seasonally adjusted annual rate of public construction spending was $513.5 billion, 0.4% (±1.3%)* above the revised March estimate of $511.3 billion. Educational construction was at a seasonally adjusted annual rate of $110.9 billion, 0.1% (±1.5%)* below the revised March estimate of $111.0 billion. Highway construction was at a seasonally adjusted annual rate of $146.3 billion, 0.5 % (±4.1%)* above the revised March estimate of $145.5 billion.
INDUSTRIAL SUPPLY MAGAZINE
The May/June issue of Industrial Supply magazine features an in-depth cover story about the ISA's Veterans Empowerment Network. 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.
