The capital spending commitments of the construction industry in New York City was 2.7 billion U.S. dollars higher in 2022 than in the previous year. Capital spending decreased significantly in 2020, dropping from 12.6 billion U.S. dollars in 2019 to 8.1 the year after. However, this figure is expected to grow significantly over the coming years, reaching 19.9 billion U.S. dollars in 2024.
Capital spending commitments in the construction sector in New York City from 2005 to 2022 with forecasts until 2027
(in billion U.S. dollars)
Characteristic
Volume in billion U.S. dollars
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OSC. (March 22, 2023). Capital spending commitments in the construction sector in New York City from 2005 to 2022 with forecasts until 2027 (in billion U.S. dollars) [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/1299165/construction-capital-spending-in-new-york-city/
OSC. "Capital spending commitments in the construction sector in New York City from 2005 to 2022 with forecasts until 2027 (in billion U.S. dollars)." Chart. March 22, 2023. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/1299165/construction-capital-spending-in-new-york-city/
OSC. (2023). Capital spending commitments in the construction sector in New York City from 2005 to 2022 with forecasts until 2027 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/1299165/construction-capital-spending-in-new-york-city/
OSC. "Capital Spending Commitments in The Construction Sector in New York City from 2005 to 2022 with Forecasts until 2027 (in Billion U.S. Dollars)." Statista, Statista Inc., 22 Mar 2023, https://www.statista.com/statistics/1299165/construction-capital-spending-in-new-york-city/
OSC, Capital spending commitments in the construction sector in New York City from 2005 to 2022 with forecasts until 2027 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1299165/construction-capital-spending-in-new-york-city/ (last visited August 25, 2024)
Capital spending commitments in the construction sector in New York City from 2005 to 2022 with forecasts until 2027 (in billion U.S. dollars) [Graph], OSC, March 22, 2023. [Online]. Available: https://www.statista.com/statistics/1299165/construction-capital-spending-in-new-york-city/