Non-residential construction spending in the U.S. 2005-2020, with forecasts to 2025

Based on planned construction development over the next few years, the value of non-residential construction put in place in 2025 in the United States is expected to reach roughly 673 billion U.S. dollars. Non-residential construction can include segments like lodging, office, commercial, health care, and education. Generally, the U.S. construction industry is linked to the economic wellbeing of the country.

Construction industry needs

Within the non-residential building industry, commercial building experienced a comfortable growth over recent years. However, the construction industry faces challenges such as shortage of skilled labor and of construction materials. The modernization of a typically conservative industry will be important in the near future to support customer demands and to improve operation models. Integrating sustainable building processes and features in projects as well as establishing technological advancements like building information modeling (BIM) will be essential for the future of the construction industry.

Non-residential vs. residential

During the past yearsnew residential construction in the United States usually had a higher value than non-residential construction. Until 2019, the values of new residential and non-residential construction had remained fairly similar. However, in 2021 the value of new residential construction started growing faster than the other segment.