The private sector construction spending experienced a positive trend in 2023. That year, the value of new private construction put in place surpassed 1.67 trillion U.S. dollars. Even though the start of the COVID-19 pandemic affected the construction industry, the value of new private construction kept growing in 2020 and 2021. Private construction constituted most of the overall construction spending in the U.S.
Value of new private construction put in place in the U.S. from 1999 to 2023
(in billion U.S. dollars)
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
US Census Bureau. (July 1, 2024). Value of new private construction put in place in the U.S. from 1999 to 2023 (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/184363/value-of-new-private-construction-put-in-place-in-the-us-since-1999/
US Census Bureau. "Value of new private construction put in place in the U.S. from 1999 to 2023 (in billion U.S. dollars)." Chart. July 1, 2024. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/184363/value-of-new-private-construction-put-in-place-in-the-us-since-1999/
US Census Bureau. (2024). Value of new private construction put in place in the U.S. from 1999 to 2023 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/184363/value-of-new-private-construction-put-in-place-in-the-us-since-1999/
US Census Bureau. "Value of New Private Construction Put in Place in The U.S. from 1999 to 2023 (in Billion U.S. Dollars)." Statista, Statista Inc., 1 Jul 2024, https://www.statista.com/statistics/184363/value-of-new-private-construction-put-in-place-in-the-us-since-1999/
US Census Bureau, Value of new private construction put in place in the U.S. from 1999 to 2023 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/184363/value-of-new-private-construction-put-in-place-in-the-us-since-1999/ (last visited December 21, 2024)
Value of new private construction put in place in the U.S. from 1999 to 2023 (in billion U.S. dollars) [Graph], US Census Bureau, July 1, 2024. [Online]. Available: https://www.statista.com/statistics/184363/value-of-new-private-construction-put-in-place-in-the-us-since-1999/
