United States Private Construction Spending, Year-over-Year
1994–2024
- United States Private Construction Spending increased 6.3% year-over-year in February 2024, following an increase of 4.5% in the previous month.
- United States Private Construction Spending, Year-over-Year averaged 5.9% from January 1994 to February 2024, reaching an all time high of 34.3% in June 2021 and a record low of -37.9% in May 2009.
Source: U.S. Census Bureau
Related Indicators
Name | Reference | Last | Previous | Unit |
---|---|---|---|---|
Building Permits | March 2024 | 1,458,000 | 1,523,000 | units |
Housing Starts | March 2024 | 1,321 | 1,549 | units |
New Home Sales | February 2024 | 662 | 664 | units |
Private Construction Spending, Year-over-Year | February 2024 | 6.3 | 4.5 | percent |
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