Private construction value new nonresidential buildings in the U.S. 2023

Published by
Fernando de Querol Cumbrera,
Jul 3, 2024

The value of new private non-residential buildings put in place in the United States has doubled between 2013 and 2023. In 2023, U.S. expenditure on new private non-residential buildings peaked at over 706 billion U.S. dollars. Due to the start of the COVID-19 pandemic, the value of construction of commercial buildings dropped in 2020. However, the total private construction put in place in the U.S. increased during that period.

Value of new private non-residential buildings put in place in the U.S. from 1999 to 2023 (in billion U.S. dollars)

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Release date

February 2024

Region

United States

Survey time period

1999 to 2023

Supplementary notes

Some of the values are taken from previous editions of the publication.

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