Total Construction Spending Drops -0.4% to $2,152.4 Billion in April
Total construction spending during April 2025 was estimated at a seasonally adjusted annual rate of $2,152.4 billion, -0.4% below the revised March estimate of $2,162 billion. The April 2025 figure is -0.5% 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% above the $651.3 billion for the same period in 2024.
Private construction
Spending on private construction was at a seasonally adjusted annual rate of $1,638.9 billion, -0.7% below the revised March estimate of $1,650.8 billion. Private residential construction was at a seasonally adjusted annual rate of $892.8 billion in April, -0.9% below the revised March estimate of $900.7 billion. Private nonresidential construction was at a seasonally adjusted annual rate of $746 billion in April, -0.5% below the revised March estimate of $750.1 billion.
Private data center construction remained steady at $35.2 billion, an increase of +31.9% year over year.
Public construction
In April, the estimated seasonally adjusted annual rate of public construction spending was $513.5 billion, +0.4% above the revised March estimate of $511.3 billion. Public educational construction was at a seasonally adjusted annual rate of $110.9 billion, -0.1% below the revised March estimate of $111 billion and +8.3% over April 2024. Highway construction was at a seasonally adjusted annual rate of $146.3 billion,+0.5% above the revised March estimate of $145.5 billion.