U.S. lodging industry value of construction put in place 2008-2018

This statistic shows the annual value of construction put in place by the lodging industry in the United States from 2008 to 2013, with a forecast until 2018. In 2011, the value of construction put in place by the lodging industry in the U.S. ranged at approximately 9,129 million U.S. dollars.

Value of construction put in place by the lodging industry in the United States from 2008 to 2018 (in million U.S. dollars)

Characteristic	Value of construction put in place in million U.S. dollars
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Supplementary notes

* Forecast.

Methodology and further information: Historic data were retrieved from the United States Census Bureau up until 2013. All forecasts rely on sophisticated statistical modelling conducted by Statista Research & Analysis. Forecast methods include trend analysis and linear regressions under consideration of relevant market drivers.

Value of construction put in place is a measure of the value of construction installed or erected at the site during a given period. This includes cost of materials installed or erected, cost of labor, cost of construction equipment rental, contractor's profit, cost of architectural and engineering work, miscellaneous overhead and office costs chargeable to the project on the owner's books and interest and taxes paid during construction; Covers construction work done each month on new structures or improvements to existing structures for private and public sectors (in 50 states and the District of Columbia).

Note: Classification is not based on NAICS.

More information on market forecasts on Statista can be found here.

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