Construction spending in the U.S. 2005-2023, with forecasts to 2028

Published by
Fernando de Querol Cumbrera
,
Aug 7, 2024

The new constructions put in place in the United States in 2023 were valued at almost two trillion U.S. dollars. In the coming years, the value of construction is expected to keep growing, reaching roughly 2.3 trillion U.S. dollars in 2028. Construction spending has been growing steadily over the last couple of years. Up to 2021, residential building construction spending also increased.

New construction put in place in the United States from 2005 to 2023, with forecasts until 2028 (in billion current U.S. dollars)

CharacteristicValue in billion current U.S. dollars
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Showing entries 1 to 13 (24 entries in total)
Statistic: New construction put in place in the United States from 2005 to 2023, with forecasts until 2028 (in billion current U.S. dollars)

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Release date

April 2024

Region

United States

Survey time period

2005 to 2023

Supplementary notes

*Forecasts.

The figures have been taken from several editions of the same publication

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Statistics on " Construction in the United States "

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Outlook

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