Construction Industry - Statistics & Facts

Construction Industry - Statistics & Facts

Statistics and Facts about Construction in the U.S.

With a market share of around 10 percent, the United States is the second largest construction market worldwide. Within the United States, most new construction projects are coming on stream in New York, which tops the list regarding construction expenditure in American cities. Bechtel is currently the largest U.S.-based construction firm. The construction and engineering company with headquarters in San Francisco was one of only two North American companies to make it into the top fifteen list of the the world’s biggest construction contractors, based on 2014 revenue. This particular ranking was dominated by Chinese and European contractors.

In the United States, private construction spending reached around 687 billion U.S. dollars in 2014. New construction put in place is forecast to exceed one trillion U.S. dollars by 2015.

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