The value of commercial construction starts in the United States in 2023 varied significantly depending on the property type. School and college construction starts were the category, along with manufacturing, with the highest market share. The construction starts of warehouses amounted to 21 billion U.S. The value of U.S. commercial construction put in place has been rising between 2020 and 2022.
Value of commercial, institutional, and industrial construction starts in the United States in 2023, by property type
(in billion U.S. dollars)
Characteristic
Value of construction starts in billion U.S. dollars
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Construct Connect. (January 18, 2024). Value of commercial, institutional, and industrial construction starts in the United States in 2023, by property type (in billion U.S. dollars) [Graph]. In Statista. Retrieved October 09, 2024, from https://www.statista.com/statistics/197623/total-value-of-commercial-construction-starts-by-type-in-the-us/
Construct Connect. "Value of commercial, institutional, and industrial construction starts in the United States in 2023, by property type (in billion U.S. dollars)." Chart. January 18, 2024. Statista. Accessed October 09, 2024. https://www.statista.com/statistics/197623/total-value-of-commercial-construction-starts-by-type-in-the-us/
Construct Connect. (2024). Value of commercial, institutional, and industrial construction starts in the United States in 2023, by property type (in billion U.S. dollars). Statista. Statista Inc.. Accessed: October 09, 2024. https://www.statista.com/statistics/197623/total-value-of-commercial-construction-starts-by-type-in-the-us/
Construct Connect. "Value of Commercial, Institutional, and Industrial Construction Starts in The United States in 2023, by Property Type (in Billion U.S. Dollars)." Statista, Statista Inc., 18 Jan 2024, https://www.statista.com/statistics/197623/total-value-of-commercial-construction-starts-by-type-in-the-us/
Construct Connect, Value of commercial, institutional, and industrial construction starts in the United States in 2023, by property type (in billion U.S. dollars) Statista, https://www.statista.com/statistics/197623/total-value-of-commercial-construction-starts-by-type-in-the-us/ (last visited October 09, 2024)
Value of commercial, institutional, and industrial construction starts in the United States in 2023, by property type (in billion U.S. dollars) [Graph], Construct Connect, January 18, 2024. [Online]. Available: https://www.statista.com/statistics/197623/total-value-of-commercial-construction-starts-by-type-in-the-us/