August 2024 Construction Spending Update

Q2 2024 Construction Spending Update (August 1 Data Release):

• The gradual slowing of construction in the first quarter of 2024 continued in the second quarter.
• Residential construction slowed the most, off 1% from the previous quarter. Non-residential fell a modest 0.4%.
• On an annual basis construction spending is still up significantly form this time last year.

Get the full update here: August 2024 Construction Spending Update