U.S. construction spending grew by just 0.1% in May 2026, easing from a 0.3% increase in April, according to the latest data updated on July 1, 2026. The figures, measured on a month‑over‑month basis, indicate that the sector’s expansion is slowing as spring turns to summer.
The comparison shows that while construction outlays are still rising, the pace of growth has moderated. April’s 0.3% gain reflected a stronger month‑over‑month advance versus March, while May’s 0.1% uptick suggests a more cautious spending environment. Investors and analysts will be watching upcoming releases closely to determine whether this deceleration is temporary or the start of a more sustained cooling in U.S. construction activity.
