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Construction Spending indicates the total dollar value of construction performed in each month in the US. The data is released monthly by the US Census Bureau of the Department of Commerce . It is based on a survey that covers all construction, maintenance and rehabilitation work performed each month. The cost of labor and material, cost of architectural and engineering work, overhead costs, interest and taxes and profit of contractors are included within the estimates. The graph below shows the trend of total construction spending in the US, normalized based on the reference point of December 2013.

Data Source: https://www.census.gov/construction/c30/c30index.html

Disclaimer: This data is released by the US Census Bureau of the Department of Commerce and Pi-C is not responsible for its use and accuracy of the data.