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Market size of U.S. private construction 1999-2020

The private sector construction spending experienced a positive trend in 2020, when the value of new private construction put in place came to a little over one trillion U.S. dollars. U.S. spending on private construction continued to grow in 2020 and was nearly three larger larger than public construction spending. Now reaching well over 1,100 billion U.S. dollar towards the end of the year, the building of private residential and nonresidential buildings saw some of their biggest ever-recorded figures. Public construction spending - which for a large part consists of nonresidential buildings - fluctuated over the course of 2020.

Total value of new private construction put in place in the U.S. from 1999 to November 2020

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Source

Release date

2021

Region

United States

Survey time period

1999 to 2020

Special properties

* The figure for November 2020 is provisional; The monthly figures are seasonally adjusted

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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