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by Calculated Threat on 11/17/2025 10:15:00 AM
From the Census Bureau reported that total building spending decreased:
Development spending throughout August 2025 was estimated at a seasonally adjusted annual charge of $2,169.5 billion, 0.2 p.c above the revised July estimate of $2,165.0 billion. The August determine is 1.6 p.c beneath the August 2024 estimate of $2,205.3 billion.
emphasis added
Non-public spending elevated and public spending was unchanged:
Spending on non-public building was at a seasonally adjusted annual charge of $1,652.1 billion, 0.3 p.c above the revised July estimate of $1,647.5 billion. …
n August, the estimated seasonally adjusted annual charge of public building spending was $517.3 billion, nearly unchanged from the revised July estimate of $517.5 billion.
Click on on graph for bigger picture.
This graph reveals non-public residential and nonresidential building spending, and public spending, since 1993. Observe: nominal {dollars}, not inflation adjusted.
Non-public residential (crimson) spending is 6.5% beneath the height in 2022.
Non-public non-residential (blue) spending is 6.8% beneath the height in December 2023.
Public building spending (orange) is near the height.
The second graph reveals the year-over-year change in building spending.
On a year-over-year foundation, non-public residential building spending is down 2.0%. Non-public non-residential spending is down 4.0% year-over-year. Public spending is up 2.7% year-over-year.
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