Housing · PRRESCONS

Residential construction spending

As of Aug 2026, the residential construction spending had fallen 4.8% from a year earlier, compared with a 12-month change of -5.9% in Jul 2026. The latest value was $882.3B.

Source: U.S. Census Bureau via FRED®. Monthly data, seasonally adjusted. Latest observation Aug 2026; snapshot taken Oct 27, 2026, 2:15 AM EDT.

Latest (Aug 2026)

$882.3B

Change from Jul 2026

+1.1%

A year earlier

$926.9B

12-month change

-4.8%

$882.3B Aug 2026 · Millions of dollars

$800B$850B$900B$950B$1,000B20222023202420252026

Millions of dollars. Data from Jan 1993 to Aug 2026 (404 observations).

What it measures

This is private spending on new homes, apartments and home improvements, at an annual rate.

Official title
Total Private Construction Spending: Residential in the United States
Units
Millions of dollars
Frequency and adjustment
Monthly, seasonally adjusted
Original source
U.S. Census Bureau
Recent values
DateValueChangeFrom a year ago
Aug 2026$882.3B+1.1%-4.8%
Jul 2026$872.7B-1.1%-5.9%
Jun 2026$882.1B+0.8%-4.2%
May 2026$874.7B-0.8%-4.3%
Apr 2026$882.1B-3.9%-3.5%
Mar 2026$918.2B+1.2%-0.2%
Feb 2026$907.4B-0.5%-2.2%
Jan 2026$912.2B-2.0%-1.6%
Dec 2025$930.4B+1.6%+0.2%
Nov 2025$916.1B-0.6%-1.0%
Oct 2025$921.7B-1.0%-1.6%
Sep 2025$931.2B+0.5%-1.3%

Related indicators

This page shows public economic data for general information. It is not financial advice and does not predict future values.

Sources

  • U.S. Census Bureau, Total Private Construction Spending: Residential in the United States [PRRESCONS], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/PRRESCONS, Oct 27, 2026.
  • View PRRESCONS on FRED® · U.S. Census Bureau

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