September construction spending data
SPY•U.S. construction spending fell 1.9% in September to a seasonally adjusted annual rate of $2.1861 trillion, while economists had forecast a 0.3% increase. Spending was down 2.7% from September 2025.
1. Spending declines
Private construction spending fell 2.4% in September to $1.6393 trillion, while public spending slipped 0.1% to $546.8 billion. Residential spending dropped 5.5% to $848.8 billion, while office spending rose 5.5% to $145.6 billion.
