Construction Spending Down, Highways Up in April

According to the U.S. Census Bureau, 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.

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.

  • 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.
  • 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.

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.

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