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Graph and download economic data for Total Construction Spending: Nonresidential in the United States (TLNRESCONS) from Jan 2002 to May 2025 about nonresidential, expenditures, construction, and USA.
The value of non-residential building construction put in place in 2029 in the United States is expected to reach *** billion U.S. dollars. Non-residential construction can include segments like the construction of lodging, offices, commercial buildings, 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 construction in the U.S. decreased in 2024 after increasing considerably the prior two years. However, the construction industry faces challenges such as the rising construction costs. 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 years, new 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, the value of new residential construction started quite fast between 2020 and 2022. Nevertheless, the number of permits for private housing construction started decreasing since late 2022
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Graph and download economic data for Total Private Construction Spending: Nonresidential in the United States (PNRESCONS) from Jan 1993 to May 2025 about nonresidential, expenditures, construction, private, and USA.
In 2024, the public non-residential construction spending put in place in the United States increased, reaching roughly *** billion U.S. dollars. In comparison, a decade earlier, in 2012, this type of construction was valued at just *** billion U.S. dollars. The category non-residential refers to the construction of infrastructure and buildings for hospitality, education, offices, healthcare, public safety and other usages.
Texas was the U.S. state with the highest value of new private sector non-residential construction put in place in 2023 at 89.7 billion U.S. dollars. Some of the other leading states in the list were Arizona, Florida, and California. In the U.S. as a whole, the type of amusement and recreation construction with the highest value put in place were sport-related projects.
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Graph and download economic data for All Employees, Nonresidential Building Construction (CEU2023620001) from Jan 1990 to Jun 2025 about nonresidential, establishment survey, buildings, construction, employment, and USA.
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Global Nonresidential Building Construction market size is expected to reach $3589.99 billion by 2029 at 3.8%, segmented as by type, institutional buildings, commercial buildings
Based on short-term projections, the U.S. non-residential construction market is expected to increase by approximately *** percent in 2025. That year, growth is expected to be the highest in the data center construction segment, with a year-on-year change of **** percent. Meanwhile, the value of spending on warehouses was expected to decrease that year, but to recover in 2026. The value of private non-residential buildings put in place in the U.S. soared in 2023 and continued growing in 2024. That was similar to how public non-residential construction has evolved, which also had a noticeable growth in 2023 and 2024. Non-residential construction market There are various drivers that impact the non-residential construction market and can be highly dependent on the sector. Demand for leisure travel has a major influence on the value of hotel construction in the United States. For example, construction spending on the hotels fell sharply in the first years of the COVID-19 pandemic, when travel was constrained. On the other hand, the growth in the office building market is guided to a large extent by corporate relocations, the lack of vacant spaces in major metropolitans, and trends in the hybrid working policies of companies. Industrial real estate receives most investment The value of investment in commercial real estate in the U.S. fell significantly in 2022 and 2023, but it started recovering slightly in 2024. The value of investment in office real estate fell the most in the past years, but it grew at a faster pace than other segments in 2024.
Manufacturing was the type of non-residential construction segment with the highest spending figures in the United States in 2024. The commercial segment, which includes, among others, warehouses and buildings for the automotive industry, such as parking, was valued at ***** billion U.S. dollars that year. Additionally, the value of construction for commercial and educational buildings were also among the highest of the segments included here.
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Graph and download economic data for Total Public Construction Spending: Nonresidential in the United States (MPCPNRXXS) from Feb 2002 to May 2025 about public, nonresidential, expenditures, construction, and USA.
This statistic gives a forecast of new non-residential commercial construction put in place in the United States between 2006 and 2018, with projections until 2023. New commercial construction spending is projected to be slightly over **** billion (current) U.S. dollars in 2023.
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Total Construction Spending: Nonresidential in the United States was 105239.00000 Mil. of $ in May of 2025, according to the United States Federal Reserve. Historically, Total Construction Spending: Nonresidential in the United States reached a record high of 111948.00000 in August of 2024 and a record low of 30511.00000 in February of 2003. Trading Economics provides the current actual value, an historical data chart and related indicators for Total Construction Spending: Nonresidential in the United States - last updated from the United States Federal Reserve on July of 2025.
The value of non-residential construction commissioned by the local and state government in the United States in 2024 was higher than in the previous year. That year, this figure amounted to *** billion U.S. dollars. The total value of new U.S. construction has also increased significantly in the past years.
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Definitions related to the construction data can be found at https://www.census.gov/construction/c30/definitions.html Methodology details can be found at https://www.census.gov/construction/c30/methodology.html
Non-residential building construction price index (NRBCPI), by class of structure. Quarterly Data are available from first quarter 1981. The table presents data for the most recent reference period and the last four periods. The base period for the index is (2011=100).
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Germany Construction Completion: DW: EB: Non Residential data was reported at 1,237.000 Unit in 2023. This records an increase from the previous number of 1,141.000 Unit for 2022. Germany Construction Completion: DW: EB: Non Residential data is updated yearly, averaging 392.000 Unit from Dec 2001 (Median) to 2023, with 23 observations. The data reached an all-time high of 2,264.000 Unit in 2016 and a record low of -69.000 Unit in 2010. Germany Construction Completion: DW: EB: Non Residential data remains active status in CEIC and is reported by Statistisches Bundesamt. The data is categorized under Global Database’s Germany – Table DE.EA: Construction Completion.
The value of public residential construction spending in the United States has risen significantly from 2019 to 2024. In 2019, the public sector spent nearly **** billion U.S. dollars on residential construction projects, while that figure reached **** billion U.S. dollars in 2024. The overall value of new residential construction put in place in the U.S. is expected to increase over the coming years.
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Investment in non-residential building construction by seasonal adjustment, type of building and prices for provinces and census metropolitan areas (CMA), quarterly data from 1997 to today.
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The value of private nonresidential construction refers to investment in office buildings, hospitals, factories, power plants, mining shafts, communication lines, farms, railroads, schools, brokers' commissions and net purchases of used structures. The data for this report is sourced from the Bureau of Economic Analysis and presented in chained 2017 dollars.
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The global nonresidential building construction market is projected to reach a market size of approximately USD 3.5 trillion by 2032, growing from USD 2.2 trillion in 2023, with a compound annual growth rate (CAGR) of 5.1%. This growth is primarily driven by the rapid urbanization and industrialization across various regions, coupled with the increasing demand for infrastructure development. The burgeoning investments in commercial spaces, institutional buildings, and industrial facilities are further propelling the market dynamics. As countries continue to focus on enhancing their economic infrastructure, the demand for nonresidential construction projects remains robust, paving the way for market expansion over the forecast period.
A significant growth factor in the nonresidential building construction market is the surging demand for commercial spaces, including offices, retail outlets, and hospitality structures. As economies evolve and businesses expand, there is an essential requirement for state-of-the-art office complexes and retail spaces to accommodate growing workforces and consumer bases. This demand is particularly pronounced in emerging markets where urbanization is accelerating, and new business hubs are being developed. Moreover, the rise of e-commerce has further stimulated the need for logistical and distribution centers, driving additional growth in the commercial construction segment. The synergy between technological advancements and architectural innovation also continues to shape the market, with smart building solutions gaining prominence.
The institutional segment, encompassing educational and healthcare facilities, contributes significantly to the growth of the nonresidential building construction market. There is an increasing emphasis on improving educational infrastructure to support burgeoning student populations in both developed and developing nations. Additionally, the healthcare sector is witnessing substantial investment in the construction of hospitals, clinics, and research facilities to cater to the rising demand for healthcare services. This trend is driven by the aging global population, advancements in medical technology, and the need for specialized healthcare facilities. Governments and private entities alike are investing heavily in these projects to ensure the provision of high-quality education and healthcare services, thereby fueling the growth of the institutional construction segment.
Industrial growth is another critical driver of the nonresidential building construction market, as industries strive to enhance their production capabilities and operational efficiency. The construction of manufacturing plants, warehouses, and processing facilities is being prioritized to meet the increasing production demands across various sectors such as automotive, electronics, pharmaceuticals, and food and beverage. The move towards sustainable and green construction practices is also becoming more pronounced within the industrial sector, as companies seek to minimize their environmental impact while optimizing their operations. The adoption of advanced construction techniques and materials is further propelling the growth of industrial nonresidential construction projects, thereby contributing to the overall market expansion.
In terms of regional outlook, the Asia Pacific region is expected to dominate the nonresidential building construction market due to rapid urbanization and infrastructure development in countries such as China and India. These nations are investing heavily in commercial, institutional, and industrial projects to support their growing economies and accommodate expanding urban populations. North America and Europe also present substantial growth opportunities, driven by the need to upgrade existing infrastructure and embrace sustainable construction practices. Meanwhile, the Middle East & Africa are witnessing increased investments in large-scale construction projects, particularly in commercial and industrial sectors, as part of their economic diversification efforts. The diverse regional demands and developmental agendas play a pivotal role in shaping the market landscape across the globe.
In the context of the global construction market, the Philippines Construction sector is emerging as a significant contributor to regional growth, driven by the country's robust economic development and urbanization efforts. The Philippine government has been actively investing in infrastructure projects, including roads, br
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Graph and download economic data for Total Construction Spending: Nonresidential in the United States (TLNRESCONS) from Jan 2002 to May 2025 about nonresidential, expenditures, construction, and USA.