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U.S. nonbuilding construction 2005-2019, with forecasts up until 2024

The building of infrastructure projects - power facilities, highways, sewage, water supply, and conservation work - was to decline by three percent in 2021. The market size of this nonbuilding segment was significantly smaller than those of the residential and nonresidential segment. In 2020, new residential construction in the United States is to increase by 15 billion U.S. dollars, this despite the impact of COVID-19. Non-residential construction spending is projected to amount to around 473 billion U.S. dollars by 2024 against 483 billion for residential.

New nonbuilding construction put in place in the United States from 2005 to 2019, with forecasts from 2020 to 2024

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Source

Release date

October 2020

Region

United States

Survey time period

Q3 2020

Special properties

Forecast from Q3 2020, based on Q2 2020 actuals

Supplementary notes

The figures have been taken from several publications.

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Statistics on "Construction in the United States"

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