US Residential Construction Spending
US residential construction spending ran at a $942.8 billion annual rate in May 2026, up 1.8% from May 2025.
Updated July 12, 2026
US Residential Construction Spending
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How this statistic is built
DefinitionValue of residential construction put in place each month — new homes, improvements, public housing — at a seasonally adjusted annual rate, in millions of dollars.
LimitationsNominal dollars: cost inflation moves the series even when building activity is flat. Early estimates revise substantially for up to two months.
Frequently Asked Questions
US residential construction spending ran at a $942.8 billion annual rate in May 2026, up 1.8% from May 2025.
US Residential Construction Spending rose 1.8% compared with May 2025, reaching May 2026's reading.
U.S. Census Bureau — Construction Spending (residential total, seasonally adjusted annual rate). License: US public domain. StatsPanda charts the original series directly and cites it on every download.
The underlying series is released on a monthly cadence. This page was last updated July 12, 2026, and refreshes with each source release.