FOR RELEASE AT 10:00 AM EDT, MONDAY, JUNE 3, 2024

MONTHLY CONSTRUCTION SPENDING, APRIL 2024

Release Number: CB24-89
June 3, 2024 — The U.S. Census Bureau announced the following value put in place construction statistics
for April 2024:

Construction Spending
CONSTRUCTION SPENDING (Sea sonally Adjusted Annual Rate (SAAR))
Bi l lions of dollars
2,200
2,000
1,800
APRIL 2024 $2,099.0 billion 1,600
1,400
MARCH 2024 (revised) $2,101.5 billion 1,200 Total

1,000 Private
800
Public
Next release: July 1, 2024 600
400
Seasonally Adjusted Annual Rate (SAAR) 200
Source: U.S. Census Bureau, June 3, 2024 0
Jan-18 Jan-19 Jan-20 Jan-21 Jan-22 Jan-23 Jan-24
Source: U.S. Census Bureau, June 3, 2024.

Total Construction
Construction spending during April 2024 was estimated at a seasonally adjusted annual rate of $2,099.0
billion, 0.1 percent (±1.0 percent)* below the revised March estimate of $2,101.5 billion. The April figure is
10.0 percent (±1.5 percent) above the April 2023 estimate of $1,907.8 billion. During the first four months
of this year, construction spending amounted to $635.5 billion, 10.9 percent (±1.2 percent) above the
$573.0 billion for the same period in 2023.
Private Construction
Spending on private construction was at a seasonally adjusted annual rate of $1,611.9 billion, 0.1 percent
(±0.7 percent)* below the revised March estimate of $1,613.3 billion. Residential construction was at a
seasonally adjusted annual rate of $890.4 billion in April, 0.1 percent (±1.3 percent)* above the revised
March estimate of $889.5 billion. Nonresidential construction was at a seasonally adjusted annual rate of
$721.5 billion in April, 0.3 percent (±0.7 percent)* below the revised March estimate of $723.8 billion.
Public Construction
In April, the estimated seasonally adjusted annual rate of public construction spending was $487.1 billion,
0.2 percent (±2.1 percent)* below the revised March estimate of $488.2 billion. Educational construction
was at a seasonally adjusted annual rate of $103.5 billion, 0.2 percent (±2.1 percent)* below the revised
March estimate of $103.6 billion. Highway construction was at a seasonally adjusted annual rate of $149.6
billion, 0.5 percent (±6.7 percent)* below the revised March estimate of $150.4 billion.

Data Inquiries Media Inquiries

Economic Indicator Division, Construction Expenditures Branch Public Information Office
301-763-1605 301-763-3030
[email protected] [email protected]
Notice
With the May 2024 press release, unadjusted data will be revised back to January 2022 and seasonally adjusted
data will be revised back to January 2017. In addition, seasonally adjusted and unadjusted monthly estimates
and annual estimates will be available separately for "Data center" under the private office category back to
January 2014. Click here to see a sample of the monthly and annual tables.
The May 2024 Monthly Construction Spending Report is scheduled for release on July 1, 2024. View the full
schedule in the Economic Briefing Room: <www.census.gov/economic-indicators/>. The full text and tables for
this release can be found at <www.census.gov/constructionspending/>.

EXPLANATORY NOTES
In interpreting changes in the statistics in this release, note that month-to-month changes in seasonally adjusted
statistics often show movements which may be irregular. It may take 2 months to establish an underlying trend
for total construction and as long as 8 months for specific categories of construction. The statistics in this
release are estimated from several sources and surveys and are subject to sampling variability as well as
nonsampling error including bias and variance from response, nonreporting, and undercoverage. Estimates of
the standard errors are provided in Table 3. Whenever a statement such as "2.3 percent (±3.1 percent) above"
appears in the text, this indicates the range (-0.8 to +5.4 percent) in which the actual percentage change is likely
to have occurred. All ranges given are 90 percent confidence intervals and account only for sampling variability.
If a range does not contain zero, the change is statistically significant. If it does contain zero, the change is not
statistically significant; that is, it is uncertain whether there was an increase or decrease. Statistics for the
current month are preliminary estimates subject to revision in following months as additional data become
available. The average absolute percent changes from preliminary estimate to first revision for the major
seasonally adjusted components are as follows: total construction, 0.88 percent; private construction, 0.85
percent; and public construction, 2.18 percent.
Explanations of confidence intervals and sampling variability can be found on our website at
<www.census.gov/construction/c30/meth.html/>.
The Census Bureau has reviewed this data product to ensure appropriate access, use, and disclosure avoidance
protection of the confidential source data (Disclosure Review Board (DRB) approval number: CBDRB-FY23-
0363).
RESOURCES
API
The Census Bureau’s application programming interface lets developers create custom apps to reach new users
and makes key demographic, socio-economic and housing statistics more accessible than ever before.
<www.census.gov/developers/>
FRED Mobile App
Receive the latest updates on the nation’s key economic indicators by downloading the
FRED App <https://fred.stlouisfed.org/fred-mobile/> for both Apple and Android
devices. FRED, the signature database of the Federal Reserve Bank of St. Louis, now
incorporates the Census Bureau’s 13 economic indicators.
###
* The 90 percent confidence interval includes zero. There is insufficient evidence to conclude that the actual change is different from zero.

Data Inquiries Media Inquiries

Economic Indicator Division, Construction Expenditures Branch Public Information Office
301-763-1605 301-763-3030
[email protected] [email protected]
Table 1. Value of Construction Put in Place in the United States, Seasonally Adjusted Annual Rate
(Millions of dollars. Details may not add to totals due to rounding.)
Percent change
Apr 2024 from -
Type of Construction Apr Mar Feb Jan Dec Apr Mar Apr
2024p 2024r 2024r 2024 2023 2023 2024 2023
Total Construction 2,099,039 2,101,511 2,105,541 2,087,508 2,101,042 1,907,837 -0.1 10.0
Residential 902,292 901,438 905,271 896,902 904,743 834,713 0.1 8.1
Nonresidential 1,196,747 1,200,074 1,200,270 1,190,606 1,196,299 1,073,124 -0.3 11.5
Lodging 22,508 22,871 23,653 23,225 23,950 22,988 -1.6 -2.1
Office 101,641 101,361 101,845 101,178 101,929 96,482 0.3 5.3
Commercial 128,646 130,084 131,573 131,335 135,828 128,809 -1.1 -0.1
Health care 66,504 68,122 68,289 68,529 67,729 62,128 -2.4 7.0
Educational 128,656 129,620 129,105 128,163 128,747 110,685 -0.7 16.2
Religious 3,946 4,089 4,159 4,154 4,052 3,021 -3.5 30.6
Public safety 17,800 17,860 17,570 16,808 15,698 11,946 -0.3 49.0
Amusement and recreation 36,135 36,353 36,233 35,384 35,003 31,258 -0.6 15.6
Transportation 66,412 66,087 66,119 65,979 64,578 62,841 0.5 5.7
Communication 25,383 25,588 25,490 25,510 25,398 24,540 -0.8 3.4
Power 135,650 135,540 136,563 133,301 135,200 118,185 0.1 14.8
Highway and street 150,551 151,444 148,237 149,731 153,886 129,324 -0.6 16.4
Sewage and waste disposal 42,167 42,726 43,145 43,164 43,419 38,848 -1.3 8.5
Water supply 30,820 30,678 30,190 29,243 29,789 25,208 0.5 22.3
Conservation and development 11,487 11,256 11,203 11,714 11,815 12,044 2.1 -4.6
Manufacturing 228,441 226,396 226,897 223,188 219,279 194,818 0.9 17.3

Total Private Construction1 1,611,908 1,613,342 1,622,577 1,606,039 1,617,569 1,490,594 -0.1 8.1
Residential2 890,438 889,546 893,537 885,153 893,440 824,707 0.1 8.0
New single family 439,185 438,885 438,619 431,511 429,176 364,887 0.1 20.4
New multifamily 132,053 132,445 132,772 132,546 134,457 129,034 -0.3 2.3
Nonresidential 721,470 723,796 729,040 720,886 724,130 665,887 -0.3 8.3
Lodging 21,833 22,199 23,001 22,652 23,451 22,615 -1.6 -3.5
Office 86,031 85,724 85,932 85,407 85,593 82,368 0.4 4.4
Commercial 123,921 125,352 126,939 126,678 131,010 123,891 -1.1 0.0
Health care 52,895 54,451 54,914 54,658 54,164 49,396 -2.9 7.1
Educational 25,204 25,999 25,957 25,452 25,326 22,150 -3.1 13.8
Religious 3,946 4,089 4,159 4,154 4,052 3,021 -3.5 30.6
Amusement and recreation 16,943 17,107 17,043 16,836 16,879 15,230 -1.0 11.2
Transportation 19,985 19,881 19,768 19,671 19,685 19,029 0.5 5.0
Communication 24,850 25,012 24,936 25,033 24,859 24,211 -0.6 2.6
Power 113,972 113,845 115,071 113,342 115,524 106,094 0.1 7.4
Manufacturing 227,614 225,534 226,259 222,549 218,876 194,403 0.9 17.1

Total Public Construction3 487,131 488,169 482,964 481,469 483,472 417,243 -0.2 16.7
Residential 11,854 11,892 11,734 11,749 11,303 10,005 -0.3 18.5
Nonresidential 475,277 476,278 471,231 469,720 472,169 407,238 -0.2 16.7
Office 15,611 15,636 15,913 15,771 16,335 14,114 -0.2 10.6
Commercial 4,726 4,732 4,634 4,657 4,818 4,918 -0.1 -3.9
Health care 13,609 13,671 13,375 13,871 13,565 12,732 -0.5 6.9
Educational 103,452 103,621 103,148 102,711 103,421 88,535 -0.2 16.8
Public safety 17,636 17,647 17,325 16,588 15,460 11,693 -0.1 50.8
Amusement and recreation 19,192 19,246 19,190 18,549 18,124 16,028 -0.3 19.7
Transportation 46,427 46,206 46,351 46,308 44,893 43,812 0.5 6.0
Power 21,678 21,695 21,492 19,959 19,676 12,091 -0.1 79.3
Highway and street 149,578 150,369 147,118 148,712 152,778 128,495 -0.5 16.4
Sewage and waste disposal 40,577 40,841 40,990 40,857 41,277 37,320 -0.6 8.7
Water supply 29,458 29,318 28,738 28,348 28,607 24,381 0.5 20.8
Conservation and development 11,300 11,185 11,112 11,701 11,775 12,000 1.0 -5.8
p
Preliminary r Revised
1
Includes the following categories of private construction not shown separately:
public safety, highway and street, sewage and waste disposal, water supply, and conservation and development.
2
Includes private residential improvements.
3
Includes the following categories of public construction not shown separately:
lodging, religious, communication, and manufacturing.
Data are at an annual rate, adjusted for seasonality but not price changes. Source: U.S. Census Bureau, Construction Spending, June 3, 2024.
Table 3 provides estimated measures of sampling variability. Additional information on the survey methodology may be found at
<www.census.gov/construction/c30/meth.html>
Table 2. Value of Construction Put in Place in the United States, Not Seasonally Adjusted
(Millions of dollars. Details may not add to totals due to rounding.)
Year-to-date

Type of Construction Apr Mar Feb Jan Dec Apr Apr Apr Percent
2024p 2024r 2024r 2024 2023 2023 2024 2023 change
Total Construction 172,218 164,168 150,376 148,727 158,205 156,269 635,490 572,991 10.9
Residential 75,788 72,405 62,776 62,557 65,131 70,142 273,526 258,486 5.8
Nonresidential 96,430 91,763 87,600 86,170 93,075 86,127 361,964 314,505 15.1
Lodging 1,906 1,918 1,883 1,801 1,966 1,968 7,508 7,440 0.9
Office 8,406 8,180 7,794 7,767 8,119 7,988 32,146 30,404 5.7
Commercial 10,624 10,272 10,138 10,042 10,861 10,610 41,075 40,042 2.6
Health care 5,566 5,505 5,387 5,350 5,518 5,147 21,808 19,419 12.3
Educational 10,294 9,679 9,219 9,025 9,355 8,857 38,217 32,048 19.2
Religious 331 329 325 329 328 250 1,315 999 31.6
Public safety 1,486 1,410 1,360 1,290 1,237 976 5,545 3,651 51.9
Amusement and recreation 2,988 2,822 2,723 2,639 2,743 2,568 11,172 9,318 19.9
Transportation 5,374 4,985 4,726 4,755 5,109 5,036 19,840 18,656 6.3
Communication 2,112 2,093 2,013 1,900 2,317 1,986 8,117 7,726 5.1
Power 11,138 10,996 10,972 10,766 11,091 9,711 43,872 38,069 15.2
Highway and street 11,026 8,762 7,767 7,476 8,989 9,366 35,031 29,075 20.5
Sewage and waste disposal 3,383 3,218 2,966 2,986 3,297 3,129 12,554 11,119 12.9
Water supply 2,498 2,314 2,132 2,069 2,250 2,045 9,013 7,405 21.7
Conservation and development 870 867 860 863 987 883 3,461 3,512 -1.5
Manufacturing 18,430 18,415 17,336 17,111 18,909 15,607 71,292 55,623 28.2

Total Private Construction1 134,060 129,955 118,547 117,634 124,342 123,873 500,196 459,816 8.8
2
Residential 74,815 71,482 61,909 61,716 64,249 69,323 269,921 255,478 5.7
New single family 36,142 35,157 29,926 30,402 31,861 30,192 131,626 112,170 17.3
New multifamily 11,138 10,745 10,999 10,647 10,543 10,884 43,529 41,547 4.8
Nonresidential 59,246 58,473 56,638 55,919 60,092 54,550 230,275 204,338 12.7
Lodging 1,850 1,862 1,828 1,754 1,925 1,937 7,294 7,316 -0.3
Office 7,113 6,949 6,602 6,580 6,833 6,841 27,242 26,173 4.1
Commercial 10,241 9,892 9,784 9,691 10,465 10,217 39,608 38,576 2.7
Health care 4,422 4,417 4,331 4,284 4,439 4,116 17,454 15,481 12.7
Educational 2,116 2,097 2,008 1,925 1,935 1,857 8,145 6,726 21.1
Religious 331 329 325 329 328 250 1,315 999 31.6
Amusement and recreation 1,403 1,353 1,364 1,327 1,362 1,252 5,447 4,805 13.4
Transportation 1,614 1,453 1,444 1,524 1,715 1,545 6,036 5,794 4.2
Communication 2,067 2,045 1,967 1,860 2,272 1,958 7,939 7,630 4.0
Power 9,386 9,389 9,322 9,273 9,577 8,721 37,370 34,383 8.7
Manufacturing 18,361 18,343 17,283 17,058 18,875 15,573 71,045 55,472 28.1

Total Public Construction3 38,158 34,214 31,829 31,093 33,864 32,395 135,293 113,175 19.5
Residential 974 923 867 841 881 819 3,605 3,009 19.8
Nonresidential 37,185 33,290 30,962 30,252 32,983 31,577 131,689 110,167 19.5
Office 1,294 1,231 1,192 1,187 1,286 1,147 4,904 4,230 15.9
Commercial 383 380 354 351 396 393 1,467 1,466 0.1
Health care 1,144 1,088 1,056 1,066 1,079 1,031 4,354 3,938 10.6
Educational 8,178 7,583 7,210 7,101 7,419 6,999 30,072 25,322 18.8
Public safety 1,472 1,393 1,341 1,274 1,218 955 5,481 3,581 53.1
Amusement and recreation 1,585 1,469 1,359 1,312 1,381 1,316 5,725 4,513 26.9
Transportation 3,760 3,532 3,282 3,230 3,394 3,492 13,804 12,862 7.3
Power 1,751 1,606 1,651 1,493 1,514 991 6,501 3,686 76.4
Highway and street 10,949 8,679 7,685 7,401 8,906 9,299 34,714 28,818 20.5
Sewage and waste disposal 3,257 3,074 2,795 2,826 3,127 3,004 11,952 10,721 11.5
Water supply 2,389 2,219 2,031 2,007 2,159 1,977 8,645 7,163 20.7
Conservation and development 854 861 853 862 983 880 3,430 3,496 -1.9
p
Preliminary r Revised
1
Includes the following categories of private construction not shown separately:
public safety, highway and street, sewage and waste disposal, water supply, and conservation and development.
2
Includes private residential improvements.
3
Includes the following categories of public construction not shown separately:
lodging, religious, communication, and manufacturing.

Source: U.S. Census Bureau, Construction Spending, June 3, 2024.

Table 3 provides estimated measures of sampling variability. Additional information on the survey methodology may be found at
<www.census.gov/construction/c30/meth.html>
Table 3. Coefficients of Variation and Standard Errors by Type of Construction
(Percent)

Coefficient of variation Standard error

Month-to-month
Type of Construction Monthly Year-to-date Year-to-date Month-to-month change from prev.
estimate estimate change change year

Total Construction 0.6 0.5 0.7 0.6 0.9

Residential 4.3 4.8 6.8 2.6 6.8

Nonresidential 0.6 0.5 0.8 0.6 0.9

Lodging 2.3 2.0 2.7 1.3 2.8
Office 1.7 1.6 2.2 0.9 2.0
Commercial 1.9 2.1 2.1 1.4 1.8
Health care 1.3 1.3 1.8 0.9 2.0
Educational 1.7 1.6 2.2 1.1 2.4
Religious 7.3 8.0 10.8 4.6 11.6
Public safety 3.3 3.9 5.8 2.4 6.1
Amusement and recreation 2.3 2.4 3.0 2.0 3.2
Transportation 2.1 2.1 2.2 1.2 2.5
Communication NA NA NA NA NA
Power 0.4 0.4 0.6 0.4 0.7
Highway and street 2.6 2.0 3.3 4.1 5.0
Sewage and waste disposal 2.4 2.1 3.0 2.1 3.5
Water supply 2.9 2.5 4.5 3.2 5.8
Conservation and development 4.5 4.9 4.6 4.4 5.0
Manufacturing 0.7 0.7 1.0 0.4 1.0

Total Private Construction 0.6 0.6 0.9 0.4 0.8

Residential 5.0 1.1 1.3 0.8 1.4

New single family 8.8 9.5 3.1 0.6 3.5
New multifamily 7.8 7.5 2.9 0.8 3.0

Nonresidential 0.6 0.6 0.9 0.4 0.8

Lodging 2.3 2.0 2.7 1.2 2.8
Office 1.9 1.7 2.4 1.0 2.1
Commercial 1.9 2.2 2.1 1.4 1.8
Health care 1.6 1.5 2.1 1.1 2.3
Educational 3.0 3.0 3.7 1.3 3.4
Religious 7.3 8.0 10.8 4.6 11.6
Amusement and recreation 2.9 3.2 3.7 1.9 3.4
Transportation 2.6 2.9 2.4 2.1 2.6
Communication NA NA NA NA NA
Power 0.3 0.3 0.6 0.3 0.5
Manufacturing 0.7 0.7 0.9 0.4 0.9

Total Public Construction 1.1 0.9 1.3 1.3 1.8

Residential 4.3 4.8 6.8 2.6 6.8

Nonresidential 1.1 1.0 1.3 1.3 1.9

Office 3.0 3.6 4.2 2.1 4.5
Commercial 7.1 8.8 11.3 4.2 11.7
Health care 2.0 2.4 2.8 1.4 3.2
Educational 1.9 1.9 2.6 1.3 2.9
Public safety 3.3 3.9 5.8 2.4 6.2
Amusement and recreation 3.4 3.4 5.0 3.6 5.5
Transportation 2.5 2.5 2.7 1.4 3.1
Power 5.3 5.5 8.6 3.7 8.9
Highway and street 2.6 2.0 3.3 4.1 5.1
Sewage and waste disposal 2.5 2.1 3.1 2.2 3.6
Water supply 2.9 2.5 4.5 3.2 5.9
Conservation and development 4.6 4.9 4.6 4.3 4.9

NA Not applicable

Source: U.S. Census Bureau, Construction Spending, June 3, 2024. Additional information on the survey methodology may be found at
<www.census.gov/construction/c30/meth.html>