United States Private Construction Spending, Year-over-Year
1994–2024
- United States Private Construction Spending increased 6.7% year-over-year in July 2024, following an increase of 7.2% in the previous month.
- United States Private Construction Spending, Year-over-Year averaged 5.2% from January 1994 to July 2024, reaching an all time high of 18.6% in April 2022 and a record low of -17.5% in October 2009.
Source: U.S. Census Bureau
Related Indicators
| Name | Reference | Last | Previous | Unit |
|---|---|---|---|---|
| Building Permits | August 2024 | 1,475,000 | 1,406,000 | units |
| Housing Starts | August 2024 | 1,356 | 1,237 | units |
| New Home Sales | July 2024 | 739 | 668 | units |
| Private Construction Spending, Year-over-Year | July 2024 | 6.7 | 7.2 | percent |
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