The compensation for employees of the construction industry in the Unite States has grown by less than 6 percent from 2019 to 2020. In contrast, the compensation had an annual growth rate of at least 6.25 percent since 2016. Therefore, employee compensation in the sector rose from 486 billion U.S. dollars in 2016 to 592 billion in 2019. While in 2020 it only amounted to 596 billion U.S. dollars.
Employee compensation in the construction sector in the United States from 2010 to 2020
(in billion U.S. dollars)
The figures provided cover NAICS (2017) code "23 - Construction", an economic activity code comparable to NACE (REV. 2) "F (41 to 43)" for Europe and ISIC (REV. 4) "F (41 to 43)" on a global level.
Supplementary notes
All figures are estimates and rounded.
The figures have been taken from several publications.
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BEA. (February 9, 2022). Employee compensation in the construction sector in the United States from 2010 to 2020 (in billion U.S. dollars) [Graph]. In Statista. Retrieved May 21, 2022, from https://www.statista.com/statistics/187375/wages-and-salaries-in-the-us-construction-sector-since-1998/
BEA. "Employee compensation in the construction sector in the United States from 2010 to 2020 (in billion U.S. dollars)." Chart. February 9, 2022. Statista. Accessed May 21, 2022. https://www.statista.com/statistics/187375/wages-and-salaries-in-the-us-construction-sector-since-1998/
BEA. (2022). Employee compensation in the construction sector in the United States from 2010 to 2020 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: May 21, 2022. https://www.statista.com/statistics/187375/wages-and-salaries-in-the-us-construction-sector-since-1998/
BEA. "Employee Compensation in The Construction Sector in The United States from 2010 to 2020 (in Billion U.S. Dollars)." Statista, Statista Inc., 9 Feb 2022, https://www.statista.com/statistics/187375/wages-and-salaries-in-the-us-construction-sector-since-1998/
BEA, Employee compensation in the construction sector in the United States from 2010 to 2020 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/187375/wages-and-salaries-in-the-us-construction-sector-since-1998/ (last visited May 21, 2022)
