$2.21T
Annualized U.S. construction spending
Construction spending ran at a seasonally adjusted annual rate of $2.2102 trillion in May 2026.
Source: U.S. Census Bureau, Monthly Construction Spending, May 2026 (July 1, 2026)
Solvrix reference
Current U.S. data on construction spending, employment, specialty trades, and workforce pressure. Built for people who need a reliable number with the source close at hand.
Last updated July 30, 2026.
The market at a glance
Construction is measured in trillions of dollars, but the work is managed job by job. When labor, materials, scope changes, and field details stay connected to the same job, owners have a better chance to act before a cost overrun becomes history.
Spending
All spending figures below are seasonally adjusted annual rates from the U.S. Census Bureau's May 2026 release.
$2.21T
Construction spending ran at a seasonally adjusted annual rate of $2.2102 trillion in May 2026.
Source: U.S. Census Bureau, Monthly Construction Spending, May 2026 (July 1, 2026)$1.67T
Private construction spending was at a seasonally adjusted annual rate of $1.6690 trillion in May 2026.
Source: U.S. Census Bureau, Monthly Construction Spending, May 2026 (July 1, 2026)$541.2B
Public construction spending was at a seasonally adjusted annual rate of $541.2 billion in May 2026.
Source: U.S. Census Bureau, Monthly Construction Spending, May 2026 (July 1, 2026)$930.2B
Residential construction spending was at a seasonally adjusted annual rate of $930.2 billion in May 2026.
Source: U.S. Census Bureau, Monthly Construction Spending, May 2026 (July 1, 2026)$738.7B
Private nonresidential construction spending was at a seasonally adjusted annual rate of $738.7 billion in May 2026.
Source: U.S. Census Bureau, Monthly Construction Spending, May 2026 (July 1, 2026)Workforce
Employment figures are seasonally adjusted payroll employment from June 2026. The hiring figure is from a 2025 survey of construction firms.
8.33M
Seasonally adjusted construction payroll employment was 8.331 million in June 2026.
Source: U.S. Bureau of Labor Statistics, Employment Situation Table B-1, June 2026 (July 2, 2026)5.26M
Specialty trade contractors accounted for 5.262 million seasonally adjusted employees in June 2026.
Source: U.S. Bureau of Labor Statistics, Employment Situation Table B-1, June 2026 (July 2, 2026)1.86M
Construction of buildings employed 1.864 million people on a seasonally adjusted basis in June 2026.
Source: U.S. Bureau of Labor Statistics, Employment Situation Table B-1, June 2026 (July 2, 2026)1.21M
Heavy and civil engineering construction employed 1.206 million people on a seasonally adjusted basis in June 2026.
Source: U.S. Bureau of Labor Statistics, Employment Situation Table B-1, June 2026 (July 2, 2026)92%
Among surveyed firms with openings, 91.9% reported difficulty filling both hourly craft and salaried positions in the 2025 AGC/NCCER survey.
Source: Associated General Contractors of America and NCCER, 2025 Workforce Survey (August 28, 2025)Sources and methodology
Each statistic is linked to its original publisher. Census figures are seasonally adjusted annual rates, which describe the pace of spending at that point in time rather than the amount spent in one month. Employment figures come from the Bureau of Labor Statistics payroll survey. The hiring statistic reflects responses from construction firms in the AGC/NCCER workforce survey and should be read as a survey result, not a count of every contractor.
Solvrix. “Construction Industry Statistics for 2026.” Accessed July 30, 2026. https://solvrix.com/construction-statistics
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