Premium
Premium statistics

Industry-specific and extensively researched technical data (partially from exclusive partnerships).

A paid subscription is required for full access.

Forecast for new construction put in place in the U.S. from 2011 to 2022 (in billion U.S. dollars)*

Exclusive Premium Statistic

U.S. projected value of new construction 2011-2022 This statistic gives a forecast for total construction put in place in the United States between 2011 and 2022. Construction spending is projected to exceed 1.53 trillion U.S. dollars in 2022.
New construction put in place in the U.S.

In 2017, new construction put in place in the United States was valued at around 1.23 trillion U.S. dollars, up from around 788 billion U.S. dollars in 2011, when construction spending reached the lowest level in a decade. Apparently, the industry is on track to continue its positive growth trend, and is expected to generate some 1.5 trillion U.S. dollars in revenue by 2022. The last time construction spending levels exceeded the one trillion U.S. dollar mark was between 2004 and 2008, before the sub-prime mortgage crisis shocked the construction sector. Residential sector construction spending will likely account for the lion’s share of the industry total: Residential construction put in place is forecast to be valued at about 571 billion U.S. dollars in 2021, while non-residential construction spending is projected to amount to around 576 billion U.S. dollars. The value of new non-building construction is predicted to come to about 252 billion U.S. dollars in 2018. During the first quarter of 2016, U.S. construction spending was estimated at around 1.16 billion U.S. dollars, with expectations of a six percent growth from the previous year. The positive trend is further underpinned by S&P/Case Shiller’s National Home Price Index, which stood at 200.86 in April 2018.
Show more
Value in billion U.S. dollars
--
--
--
--
--
--
--
--
--
--
--
--
Value in billion U.S. dollars
--
--
--
--
--
--
--
--
--
--
--
--

Exclusive Premium statistic

You need a Premium Account for unlimited access.

  • Full access to 1.5m statistics

  • Incl. source references

  • Available to download in PNG, PDF, XLS format

Premium Account


only $49 / month *
*Duration: 12 months, billed annually, single license

Access to this and all other statistics on 80,000 topics from

$588 / Year

View price details

Exclusive Premium statistic

You need a Premium Account for unlimited access.

  • Full access to 1.5m statistics

  • Incl. source references

  • Available to download in PNG, PDF, XLS format

Premium Account


only $49 / month *
*Duration: 12 months, billed annually, single license

Access to this and all other statistics on 80,000 topics from

$588 / Year

View price details

Download Settings Share
Chart type
Datalabels
Share on Social Media
Download started
Please be patient - this may take a moment
Description Source More information
This statistic gives a forecast for total construction put in place in the United States between 2011 and 2022. Construction spending is projected to exceed 1.53 trillion U.S. dollars in 2022.
New construction put in place in the U.S.

In 2017, new construction put in place in the United States was valued at around 1.23 trillion U.S. dollars, up from around 788 billion U.S. dollars in 2011, when construction spending reached the lowest level in a decade. Apparently, the industry is on track to continue its positive growth trend, and is expected to generate some 1.5 trillion U.S. dollars in revenue by 2022. The last time construction spending levels exceeded the one trillion U.S. dollar mark was between 2004 and 2008, before the sub-prime mortgage crisis shocked the construction sector. Residential sector construction spending will likely account for the lion’s share of the industry total: Residential construction put in place is forecast to be valued at about 571 billion U.S. dollars in 2021, while non-residential construction spending is projected to amount to around 576 billion U.S. dollars. The value of new non-building construction is predicted to come to about 252 billion U.S. dollars in 2018. During the first quarter of 2016, U.S. construction spending was estimated at around 1.16 billion U.S. dollars, with expectations of a six percent growth from the previous year. The positive trend is further underpinned by S&P/Case Shiller’s National Home Price Index, which stood at 200.86 in April 2018.
Show more
Release date
June 2018
Region
United States
Survey time period
2011 to Q1 2018
Supplementary notes
* Current dollars; the figures for 2011 through 2017 are already accurate.

The values have been rounded.
Figures are compiled from several annual reports.

More information

Statista Accounts: Access All Statistics. Starting from $588 / Year

Basic Account

Get to know the platform

You only have access to basic statistics.
This statistic is not included in your account!

Premium Account

Your perfect start with Statista

  • Instant access to 1m statistics
  • Download in XLS, PDF & PNG format
  • Detailed references

$49 / Month *

Corporate Account

Full access

Corporate solution including all features.

Send request

* All products require an annual contract.
   Prices do not include sales tax
   (New York residents only).
Leading companies trust Statista:
paypalgoogleadobepgsamsungtelekom

Related Studies: Available to Download in PDF or PPTX Format

Construction in the United States
Construction in the United States

All Information
in one Presentation

Construction in the United States

Everything On "Construction in the United States" in One Document: Edited and Divided into Handy Chapters. Including Detailed References.

Statista is a great source of knowledge, and pretty helpful to manage the daily work.
Christof Baron

Christof Baron
CEO, MindShare Germany

Statistics on "Construction in the United States"

  • Construction Market Overview
  • Construction in the United States
  • Residential Construction in the United States
  • Non-residential Construction in the United States
  • U.S. Construction Market Outlook
Need help with using Statista for your research? Tutorials and first steps

Further Content: Statistics, Studies, and Topic Pages

Statistics on the topic

Topics

About Statista

Learn more about how Statista can support your business.

Request webinar
Do you have any questions about our business solutions?

We provide you with detailed information about our Corporate Account.