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)
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.
FMI Corporation. (April 30, 2024). New construction put in place in the United States from 2005 to 2023, with forecasts until 2028 (in billion current U.S. dollars) [Graph]. In Statista. Retrieved December 30, 2024, from https://www.statista.com/statistics/226368/projected-value-of-total-us-construction/
FMI Corporation. "New construction put in place in the United States from 2005 to 2023, with forecasts until 2028 (in billion current U.S. dollars)." Chart. April 30, 2024. Statista. Accessed December 30, 2024. https://www.statista.com/statistics/226368/projected-value-of-total-us-construction/
FMI Corporation. (2024). New construction put in place in the United States from 2005 to 2023, with forecasts until 2028 (in billion current U.S. dollars). Statista. Statista Inc.. Accessed: December 30, 2024. https://www.statista.com/statistics/226368/projected-value-of-total-us-construction/
FMI Corporation. "New Construction Put in Place in The United States from 2005 to 2023, with Forecasts until 2028 (in Billion Current U.S. Dollars)." Statista, Statista Inc., 30 Apr 2024, https://www.statista.com/statistics/226368/projected-value-of-total-us-construction/
FMI Corporation, New construction put in place in the United States from 2005 to 2023, with forecasts until 2028 (in billion current U.S. dollars) Statista, https://www.statista.com/statistics/226368/projected-value-of-total-us-construction/ (last visited December 30, 2024)
New construction put in place in the United States from 2005 to 2023, with forecasts until 2028 (in billion current U.S. dollars) [Graph], FMI Corporation, April 30, 2024. [Online]. Available: https://www.statista.com/statistics/226368/projected-value-of-total-us-construction/
