July construction spending estimated 0.5% below June
Construction spending during July 2026 was estimated at a seasonally adjusted annual rate of $2,157.6 billion, 0.5% below the revised June estimate of $2,167.7 billion, said the U.S. Census Bureau.
The July figure is 3.8% below the July 2025 estimate of $2,242.6 billion. During the first seven months of this year, construction spending amounted to $1,244.6 billion, 3.5% below the $1,289.7 billion for the same period in 2025.
Spending on private construction was at a seasonally adjusted annual rate of $1,614.2 billion, 0.5% below the revised June estimate of $1,622.9 billion.
Residential construction was at a seasonally adjusted annual rate of $859.0 billion in July, 1.3% below the revised June estimate of $870.6 billion. Nonresidential construction was at a seasonally adjusted annual rate of $755.2 billion in July, 0.4% above the revised June estimate of $752.4 billion.
Public Construction
In July, the estimated seasonally adjusted annual rate of public construction spending was $543.4 billion, 0.2% below the revised June estimate of $544.7 billion.
Educational construction was at a seasonally adjusted annual rate of $112.3 billion, 0.2% below the revised June estimate of $112.5 billion.
Highway construction was at a seasonally adjusted annual rate of $150.3 billion, 0.2% below the revised June estimate of $150.6 billion
INDUSTRIAL SUPPLY MAGAZINE
The September/October issue of Industrial Supply magazine features an in-depth cover story about Rotator Products. 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.
