Public residential construction spending in the U.S. 2002-2023

Published by
Fernando de Querol Cumbrera,
Nov 12, 2024

The value of public residential construction spending in the United States has risen significantly from 2019 to 2023. In 2019, the public sector spent nearly 6.89 billion U.S. dollars on residential construction projects, while that figure reached 10.7 billion U.S. dollars in 2023. The overall value of new residential construction put in place in the U.S. is expected to increase over the coming years.

Value of public residential construction spending and as share of total residential construction in the U.S. from 2002 to 2023

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Release date

July 2024

Region

United States

Survey time period

2002 to 2023

Supplementary notes

The values have been rounded. 

Some of the figures are taken from previous editions of the same publication.

The share was calculated by Statista by dividing the public spending on residential construction by the total spending.

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