At Universal Orlando, it's lower than previous quarters absolutely, but that's because, unlike Disney, they actually finished the big project they had going. Even then, they are doing a pretty decent refurbishment right now on Poseidon's Fury that has been ongoing for several months. Not a "new attraction", but it's not free for them either.
Plenty of projects will be coming soon too - specifically replacing Shrek and FF Live (also a Mummy refurb). While construction hasn't started on those yet, they have been in development, which isn't free.