The monthly public spending on highway and street construction in the United States between has risen steadily during the last decade. In 2012, the public sector spent approximately 80.4 billion U.S. dollars on such projects. In contrast, that value reached 99.9 in 2021. The total value of U.S. new public construction put in place also followed a similar trend.
Average monthly value on public highway and street construction in the U.S. from 2002 to 2021
(in billion U.S. dollars)
Public spending, includes federal spending as well as state and local spending.
Supplementary notes
The source adds that "the survey covers construction work done each month on new structures or improvements to existing structures for private and public sectors. Data estimates include the cost of labor and materials, cost of architectural and engineering work, overhead costs, interest and taxes paid during construction, and contractor's profits."
Additionally, the figures are seemingly an average of monthly figures. The source states: "Data collection and estimation activities begin on the first day after the reference month and continue for about three weeks. Reported data and estimates are for activity taking place during the previous calendar month."
Figures were compiled from several editions of the same report.
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US Census Bureau. (May 2, 2022). Average monthly value on public highway and street construction in the U.S. from 2002 to 2021 (in billion U.S. dollars) [Graph]. In Statista. Retrieved May 23, 2022, from https://www.statista.com/statistics/238570/us-public-construction-spending-on-highway-and-street-projects/
US Census Bureau. "Average monthly value on public highway and street construction in the U.S. from 2002 to 2021 (in billion U.S. dollars)." Chart. May 2, 2022. Statista. Accessed May 23, 2022. https://www.statista.com/statistics/238570/us-public-construction-spending-on-highway-and-street-projects/
US Census Bureau. (2022). Average monthly value on public highway and street construction in the U.S. from 2002 to 2021 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: May 23, 2022. https://www.statista.com/statistics/238570/us-public-construction-spending-on-highway-and-street-projects/
US Census Bureau. "Average Monthly Value on Public Highway and Street Construction in The U.S. from 2002 to 2021 (in Billion U.S. Dollars)." Statista, Statista Inc., 2 May 2022, https://www.statista.com/statistics/238570/us-public-construction-spending-on-highway-and-street-projects/
US Census Bureau, Average monthly value on public highway and street construction in the U.S. from 2002 to 2021 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/238570/us-public-construction-spending-on-highway-and-street-projects/ (last visited May 23, 2022)
