August construction spending up 1% over July estimate
Construction spending during August 2026 was estimated at a seasonally adjusted annual rate of $2,203.1 billion, 0.9 percent above the revised July estimate of $2,184.5 billion.
The August figure is 1.7% below the August 2025 estimate of $2,242.0 billion. During the first eight months of this year, construction spending amounted to $1,450.4 billion, 3.1% below the $1,496.6 billion for the same period in 2025.
Private Construction
Spending on private construction was at a seasonally adjusted annual rate of $1,655.3 billion, 1.1% above the revised July estimate of $1,637.7 billion.
Residential construction was at a seasonally adjusted annual rate of $882.3 billion in August, 1.1 percent% above the revised July estimate of $872.7 billion. Nonresidential construction was at a seasonally adjusted annual rate of $773.0 billion in August, 1.0% above the revised July estimate of $765.0 billion.
Public Construction
In August, the estimated seasonally adjusted annual rate of public construction spending was $547.8 billion, 0.2% above the revised July estimate of $546.8 billion.
Educational construction was at a seasonally adjusted annual rate of $113.1 billion, 0.1% above the revised July estimate of $112.9 billion. Highway construction was at a seasonally adjusted annual rate of $150.6 billion, 0.1% above the revised July estimate of $150.5 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.
