STATS

Annual Value of Construction Put in Place

JUNE 2024/2025/2026 Annual Rate Comparison

This chart compares the two previous years’ total value of construction put in place to an annual forecast based on June 2026 figures. (Millions of dollars. Totals may not add up perfectly due to rounding.)

	2024	2025	2026
Total Private Construction	1,664,594	1,621,932	1,622,458
Residential	927,986	883,089	877,118
Nonresidential	736,608	738,844	745,339
Total Public Construction	483,850	514,278	544,081
Residential	11,820	12,004	12,247
Nonresidential	472,030	502,273	531,835
TOTAL Construction	2,148,444	2,136,210	2,166,539

$2,166,539

JUNE 2026 TOTAL ANNUAL VALUE OF CONSTRUCTION PUT IN PLACE

AIA Architectural Billings Index (ABI)

National

Month	Billings	Inquiries
Mar-26	49.8	56.8
Apr-26	48.3	57.7
May-26	44.5	49.4
Jun-26	47.3	56.1

Regional

Month	Northeast	Midwest	South	West
Mar-26	44.2	49.4	48.5	50.6
Apr-26	47.2	48.0	47.7	49.0
May-26	46.2	45.3	49.6	45.4
Jun-26	44.9	45.1	49.5	45.6

*Sectors - Billings

Month	Multifamily Residential	Commercial /Industrial	Institutional	Mixed
Mar-26	50.9	52.5	52.6	40.7
Apr-26	51.5	48.9	51.1	42.5
May-26	49.2	45.5	46.9	44.1
Jun-26	45.6	46.7	47.4	42.7

“Architecture firms remain mired in one of the longest running downturns in the 30-plus year history of the ABI, which now stretches to 41 months without a majority of firms reporting billings growth. The uncertainty over the conflict in Iran along with high interest rates and significant labor shortages will continue to weigh on construction and architect billings over the next several months.”

Richard Branch, AIA Chief Economist

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