Financial News: U.S. Construction Spending Unexpectedly Rises 0.2% In Augu

U.S. Construction Spending Unexpectedly Rises 0.2% In August

11/17/2025 - 10:55:00 (RTTNews)

(RTTNews) - Construction spending in the U.S. unexpectedly saw a modest increase in the month of August, according to a report released by the Commerce Department on Monday.

The Commerce Department said construction spending crept up by 0.2 percent to an annual rate of $2.169 trillion in August after rising by 0.2 percent to a revised rate of $2.165 trillion in July.

Economists had expected construction spending to edge down by 0.1 percent, matching the dip originally reported for the previous month.

The unexpected uptick by total construction spending came as spending on private construction rose by 0.3 percent to an annual rate of $1.652 trillion.

Spending on residential construction grew by 0.8 percent to an annual rate of $914.8 billion, more than offsetting a 0.3 percent dip in spending on non-residential construction to an annual rate of $737.3 billion.

Meanwhile, the report said spending on public construction was virtually unchanged from the previous month at an annual rate of $517.3 billion.

While spending on educational construction climbed by 0.6 percent to an annual rate of $112.6 billion, spending on highway construction slipped by 0.2 percent to an annual rate of $142.5 billion.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

U.S. Construction Spending Unexpectedly Rises 0.2% In August (02 hr(s), 03 min(s), 58 sec(s) ago)
(RTTNews) - Construction spending in the U.S. unexpectedly saw a modest increase in the month of A ...Full Story»

New York Manufacturing Index Unexpectedly Jumps To One-Year High In November (02 hr(s), 05 min(s), 58 sec(s) ago)
(RTTNews) - The Federal Reserve Bank of New York released a report on Monday showing its reading o ...Full Story»

Poland Core Inflation Eases To 3.0% (03 hr(s), 28 min(s), 58 sec(s) ago)
(RTTNews) - Poland's core inflation moderated in October to the lowest level nearly six years, ...Full Story»

EU Upgrades Eurozone 2025 Growth Outlook Despite Challenges (05 hr(s), 0 min(s),58 sec(s) ago)
(RTTNews) - The European Commission said the euro area economy is set to grow more than projected ...Full Story»

Bulgaria Inflation Eases To 5.3% In October (07 hr(s), 20 min(s), 58 sec(s) ago)
(RTTNews) - Bulgaria's consumer price inflation moderated in October after rising to a nearly ...Full Story»

Swiss Economy Shrinks In Q3 (07 hr(s), 20 min(s), 58 sec(s) ago)
(RTTNews) - The Swiss economy contracted in the third quarter as higher US tariff weighed on expor ...Full Story»

Italy Inflation Confirmed At 1.2% (07 hr(s), 50 min(s), 58 sec(s) ago)
(RTTNews) - Consumer price inflation in Italy softened as initially estimated in October to the lo ...Full Story»

Norway Trade Surplus Shrinks Slightly In October (10 hr(s), 07 min(s), 58 sec(s) ago)
(RTTNews) - Norway's foreign trade surplus decreased somewhat in October from a year ago as im ...Full Story»