Investment in building construction, September 2024

Investment in building construction rose 2.1% to $21.6 billion in September, following a 0.2% increase in August. The residential sector increased 2.9% to $15.2 billion in September, while the non-residential sector edged up 0.3% to $6.4 billion. Year over year, investment in building construction grew 6.7% in September.

On a constant dollar basis (2017=100), investment in building construction increased 1.6% from the previous month to $13.0 billion in September and was up 3.1% on a year-over-year basis.

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