The value of public construction spending on commercial projects in the United States between 2008 and 2022 have mostly stayed between two and four billion U.S. dollars annually. In 2020, the public sector spent approximately 4.14 billion U.S. dollars on commercial construction projects. The following year, this number had dropped to around 3.67 billion U.S. dollars. In 2022, the largest segment in the U.S. commercial construction put in place of local and state governments were automotive projects.
Public construction spending on commercial projects in the U.S. from 2008 to 2022
(in billion U.S. dollars)
Characteristic
Construction value in billion U.S. dollars
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US Census Bureau. (March 1, 2023). Public construction spending on commercial projects in the U.S. from 2008 to 2022 (in billion U.S. dollars) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/238539/public-construction-spending-on-commercial-projects-in-the-us/
US Census Bureau. "Public construction spending on commercial projects in the U.S. from 2008 to 2022 (in billion U.S. dollars)." Chart. March 1, 2023. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/238539/public-construction-spending-on-commercial-projects-in-the-us/
US Census Bureau. (2023). Public construction spending on commercial projects in the U.S. from 2008 to 2022 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/238539/public-construction-spending-on-commercial-projects-in-the-us/
US Census Bureau. "Public Construction Spending on Commercial Projects in The U.S. from 2008 to 2022 (in Billion U.S. Dollars)." Statista, Statista Inc., 1 Mar 2023, https://www.statista.com/statistics/238539/public-construction-spending-on-commercial-projects-in-the-us/
US Census Bureau, Public construction spending on commercial projects in the U.S. from 2008 to 2022 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/238539/public-construction-spending-on-commercial-projects-in-the-us/ (last visited July 22, 2024)
Public construction spending on commercial projects in the U.S. from 2008 to 2022 (in billion U.S. dollars) [Graph], US Census Bureau, March 1, 2023. [Online]. Available: https://www.statista.com/statistics/238539/public-construction-spending-on-commercial-projects-in-the-us/