U.S. construction spending in October 2025 was estimated at a seasonally adjusted annual rate of $2.18 trillion, 0.5% higher than September but 1.0% lower than the same month in 2024.
Residential expenditures increased 1.3% from September to $926.5 billion but shrank 1.2% from October 2024. Non-residential expenditures were $1.2 trillion, mostly unchanged from September and down 0.9% from the same month in 2024. Private spending rose 0.6% from September but fell 1.9% from October 2024 to $1.7 trillion.
Educational construction spending in the private and public sectors totaled $141.0 billion, 0.9% above the previous month but 1.5% below October 2024. Construction spending on healthcare was $69.1 billion, dipping 0.2% from September and 0.5% from the comparable month last year. Commercial construction spending totaled $121.7 billion, up 0.1% from September but down 2.3% from October 2024. See U.S. Census Bureau