Market Intelligence Resources

Market Intelligence Resources

Construction Spending Slows, Power Takes the Lead

Recently, the US Census released the results of its monthly Value of Construction Put in Place Survey. The survey provides estimates of the total dollar value of construction work done in the U.S. This data includes design and construction spending for public and private projects. 

The seasonally adjusted annual rate of $2.16 trillion for June 2026 represents a monthly change of -0.1% and decrease of 3.2% year over year (not adjusted for inflation). With recent revisions of the data, this is now the 11th consecutive month of year-over-year decline in total construction spending. The second quarter of 2026 shows the industry struggling with meaningful broad-based growth, with Private spending down -4.7% and Public spending up 1.7% year over year, respectively. Read the full article here.