The statistic represents the total value of new public construction put in place in the United States between 1999 and 2020. In 2020, the value of new public construction put in place came to around 351.1 billion U.S. dollars.
Average value of overall new public construction put in place in the United States from 1999 to 2020
(in million U.S. dollars)
Seasonally adjusted; Annual average of monthly figures, see the "Details" tab for more information
Supplementary notes
The values from 1999 through 2007 are taken from previous editions of the publication. Includes the following categories of public construction not shown separately: lodging, religious, communication, and manufacturing.
The source adds that "the survey covers construction work done each month on new structures or improvements to existing structures for private and public sectors. Data estimates include the cost of labor and materials, cost of architectural and engineering work, overhead costs, interest and taxes paid during construction, and contractor's profits."
Additionally, the figures are seemingly an average of monthly figures. The source states: "Data collection and estimation activities begin on the first day after the reference month and continue for about three weeks. Reported data and estimates are for activity taking place during the previous calendar month. The survey has been conducted monthly since 1964."
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US Census Bureau. (May 4, 2021). Average value of overall new public construction put in place in the United States from 1999 to 2020 (in million U.S. dollars) [Graph]. In Statista. Retrieved July 06, 2022, from https://www.statista.com/statistics/184376/value-of-new-public-construction-put-in-place-in-the-us-since-1999/
US Census Bureau. "Average value of overall new public construction put in place in the United States from 1999 to 2020 (in million U.S. dollars)." Chart. May 4, 2021. Statista. Accessed July 06, 2022. https://www.statista.com/statistics/184376/value-of-new-public-construction-put-in-place-in-the-us-since-1999/
US Census Bureau. (2021). Average value of overall new public construction put in place in the United States from 1999 to 2020 (in million U.S. dollars). Statista. Statista Inc.. Accessed: July 06, 2022. https://www.statista.com/statistics/184376/value-of-new-public-construction-put-in-place-in-the-us-since-1999/
US Census Bureau. "Average Value of Overall New Public Construction Put in Place in The United States from 1999 to 2020 (in Million U.S. Dollars)." Statista, Statista Inc., 4 May 2021, https://www.statista.com/statistics/184376/value-of-new-public-construction-put-in-place-in-the-us-since-1999/
US Census Bureau, Average value of overall new public construction put in place in the United States from 1999 to 2020 (in million U.S. dollars) Statista, https://www.statista.com/statistics/184376/value-of-new-public-construction-put-in-place-in-the-us-since-1999/ (last visited July 06, 2022)
