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Market size of U.S. private construction 1999-2022

Published by Statista Research Department, Feb 7, 2023
The private sector construction spending experienced a positive trend in 2022, when the value of new private construction put in place surpassed 1.4 trillion U.S. dollars. Even though the start of the COVID-19 pandemic affected the construction industry, the value of new private construction kept growing in 2020, reaching over 1.1 trillion U.S. dollars. Additionally, the spending of the construction industry overall in the U.S. has also been on the increase during the past years.

Value of new private construction put in place in the U.S. from 1999 to 2022 (in billion U.S. dollars)

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Source

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Release date

February 2023

Region

United States

Survey time period

1999 to 2022

Supplementary notes

The figures have been taken from several publications.

The figures provided have been rounded.

The source does not specify the number of respondents or the survey method.

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Statistics on " Construction in the United States "

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Statistics on Construction in the United States

Market size

5

Companies

3

Residential buildings

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Non-residential buildings

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Nonbuildings

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Outlook

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