Graph and download economic data for Total Construction Spending: Manufacturing in the United States (TLMFGCONS) from Jan 2002 to Apr 2025 about expenditures, construction, manufacturing, and USA.

Graph and download economic data for Total Private Construction Spending: Manufacturing in the United States (PRMFGCONS) from Jan 1993 to Apr 2025 about expenditures, construction, private, manufacturing, and USA.

Total Construction Spending: Manufacturing in the United States was 232169.00000 Mil. of $ in April of 2025, according to the United States Federal Reserve. Historically, Total Construction Spending: Manufacturing in the United States reached a record high of 238365.00000 in June of 2024 and a record low of 19703.00000 in January of 2003. Trading Economics provides the current actual value, an historical data chart and related indicators for Total Construction Spending: Manufacturing in the United States - last updated from the United States Federal Reserve on June of 2025.

Total Construction Spending: Manufacturing in the United States was -0.60000 % Chg. from Preceding Period in April of 2025, according to the United States Federal Reserve. Historically, Total Construction Spending: Manufacturing in the United States reached a record high of 18.60000 in September of 2007 and a record low of -16.10000 in December of 2009. Trading Economics provides the current actual value, an historical data chart and related indicators for Total Construction Spending: Manufacturing in the United States - last updated from the United States Federal Reserve on June of 2025.

Total Construction Spending: Manufacturing in the United States was 19039.00000 Mil. of $ in April of 2025, according to the United States Federal Reserve. Historically, Total Construction Spending: Manufacturing in the United States reached a record high of 21131.00000 in October of 2024 and a record low of 1508.00000 in January of 2003. Trading Economics provides the current actual value, an historical data chart and related indicators for Total Construction Spending: Manufacturing in the United States - last updated from the United States Federal Reserve on June of 2025.

This statistic gives the value of new manufacturing construction put in place in the United States in 2018 with forecasts until 2023. Construction spending for manufacturing construction projects is projected to reach about 75 billion U.S. dollars in 2023.

Total Private Construction Spending: Manufacturing in the United States was 18928.00000 Mil. of $ in April of 2025, according to the United States Federal Reserve. Historically, Total Private Construction Spending: Manufacturing in the United States reached a record high of 21036.00000 in October of 2024 and a record low of 1500.00000 in January of 2003. Trading Economics provides the current actual value, an historical data chart and related indicators for Total Private Construction Spending: Manufacturing in the United States - last updated from the United States Federal Reserve on June of 2025.

Total Private Construction Spending: Manufacturing in the United States was -0.40000 % Chg. from Preceding Period in March of 2025, according to the United States Federal Reserve. Historically, Total Private Construction Spending: Manufacturing in the United States reached a record high of 19.10000 in September of 2007 and a record low of -16.40000 in December of 2009. Trading Economics provides the current actual value, an historical data chart and related indicators for Total Private Construction Spending: Manufacturing in the United States - last updated from the United States Federal Reserve on June of 2025.

In 2023, computer, electronic, and electrical industry was the type of manufacturing construction project with the highest spending value in the United States. Construction for the chemical industry amounted to 34 billion U.S. dollars, while that figure amounted to 16 billion U.S. dollars for the food, beverage, and tobacco industry.

In 2023, Texas had the highest construction spending by the state and local governments in the United States. Meanwhile, those government levels spent ** billion U.S. dollars in California, which was a much higher amount than in New York, Florida, or any other state. It is important to consider, nevertheless, that these figures do not show the total construction output of the territory, but only public spending by those government levels.What elements determine construction value?Several factors play into the value of the construction put in place such as the costs in which each project incurs. Contractors facing shortages in construction materials or a rise in their cost are some of the situations that can cause an increase in the construction value. It is also necessary to factor in the cost of labor of construction workers in non-supervisory and in managerial positions, as well as that of specialized workers such as engineers and architects. Finally, taxes and fees, the contractor’s profit, and other costs are also considered.Which states have the highest construction costs?Some of the U.S. cities with the highest costs for construction materials, installation, and composite correspond to the states with more value of construction put in place. Similarly, the wages in the private construction sector of those U.S. states, such as New York, California, and Texas, were also above the national average. Although Florida ranks low in the aforementioned aspects, it has been one of the states with the most residential building permits issued during the last couple of years.

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.

Graph and download economic data for Total Construction Spending: Power in the United States (TLPWRCON) from Jan 2002 to Apr 2025 about expenditures, construction, and USA.

After reaching a peak value in 2022, the construction spending in new industrial buildings in the United States is fall again in the coming years. The value of industrial construction starts is forecast to amount to less than 65 billion U.S. dollars by 2026. The overall construction spending in the U.S. is also projected to decrease in the next years.

Graph and download economic data for Total Construction Spending: Nonresidential in the United States (TLNRESCONS) from Jan 2002 to Apr 2025 about nonresidential, expenditures, construction, and USA.

Truck and bus manufacturing remains a staple in the US economy, as transporting people and goods is paramount to a healthy economy. Even so, the pandemic hit truck and bus manufacturers hard as restrictions limited manufacturing capabilities, international trade and downstream demand. However, robust e-commerce demand, along with favorable construction spending programs and the economy's overall recovery in the latter half of the current period, has created massive opportunities for most truck and bus manufacturers. Revenue has skyrocketed at an expected CAGR of 7.9% to $38.0 billion through the current period, including a 0.9% jump in 2025, where profit reached 11.4%. However, revenue has failed to reach pre-pandemic numbers because of the sharp 36.1% decline in 2020. International trade is a key component in the manufacturing of trucks and buses. The free trade agreement between the United States and its neighbors has spurred many companies to outsource much of their production to Mexico to exploit lax labor and manufacturing regulations. However, the new presidential administration's tariff policies may create significant upheaval in trade markets and shift outsourcing policies. Additionally, volatile input costs added to uncertainty for truck and bus manufacturers. Soaring steel prices contributed to high ferrous and nonferrous metal prices, making most vehicle bodies and auto parts more expensive while massive semiconductor shortages crippled production lines, leading to long lead times and extensive backlogs, though strong backlog figures have precipitated a robust recovery as supply rebounds, enabling profit and revenue growth. The economy's post-inflationary recovery will facilitate business activity, driving the need for freight transport. Government investment in infrastructure, namely public transit, will raise demand for buses. Similarly, companies will prioritize new technologies, like electric vehicles and autonomous driving systems to expand and overtake competitors. Truck and bus manufacturers will prioritize value-added partnerships, allying with major technology companies, shipping handlers and innovative startups to advance zero-emission and autonomous trucking initiatives. Overall, truck and bus manufacturing revenue will continue to expand at an estimated CAGR of 2.3% to $42.6 billion through the outlook period where profit will reach 12.1%.

The Abrasive and Sandpaper Manufacturing industry produces a diverse range of abrasive products used in various applications across the manufacturing, automotive, aerospace, telecommunications, construction, cleaning and maintenance markets. Demand from these markets fell because of a slowing manufacturing sector and volatile commodity prices. However, falling demand was restricted by a slight decrease in import competition. Also, in 2020, the pandemic contributed to falling demand from construction and industrial markets, as lockdowns and supply chain disruptions made industrial production difficult. Despite the pandemic passing, supply chain disruptions persisted and rising inflation hindered downstream markets such as construction and manufacturing, reducing demand for industry products. Overall, industry revenue has lagged at a CAGR of 3.0% to $3.8 billion over the past five years, including a 0.4% decline in 2024. In addition to downstream demand, industry revenue is driven by international trade, with exports accounting for a significant share of industry revenue. However, the value of exports has declined as a share of domestic demand. As a result, competition has increased within the industry, contributing to relatively steady profit for the average company. Nonetheless, industry revenue is forecast to grow at a CAGR of 1.7% to $4.2 billion over the next five years. The industry will benefit from sustained increases in housing starts and total US construction spending. Accordingly, increased consumer spending will drive downstream demand for appliances, electronics and durable goods. Also, favorable trade conditions will lead to decelerated import penetration and climbing exports. Steady growth in demand for abrasive products for use in domestic and foreign downstream manufacturing industries will support industry revenue and profit over the coming years. Additionally, increased investment in research and development of formulations for synthetic abrasives will continue to drive future growth.

U.S Concrete Market size was valued at USD 15,236.93 Million in 2023 and is projected to reach USD 25,024.02 Million by 2031, growing at a CAGR of 6.66% from 2024 to 2031.

U.S Concrete Market Overview

The U.S Concrete Market is a vital component of the construction industry, playing a pivotal role in infrastructure development across utility infrastructure products, telecommunication infrastructure products across the nation. With a history deeply rooted in the growth of urban areas, the concrete market reflects the overall economic health and development trends in the U.S. In recent years, the U.S Concrete Market has grown steadily, owing to reasons like urbanization, population growth, and greater government infrastructure spending. The demand for concrete is closely tied to the construction sector, which itself is influenced by economic conditions, interest rates, and government policies. As the U.S. economy continues to recover from past challenges, the construction industry is regaining momentum, providing a positive outlook for the concrete market.

Government policies and funding initiatives also play a crucial role in shaping the U.S Concrete Market in utility infrastructure projects. The Biden administration's commitment to investing in infrastructure, as evidenced by the passing of the Infrastructure Investment and Jobs Act, is expected to fuel further growth in the market. Federal, state, and local governments play a crucial role in stimulating demand for concrete through investments in utility infrastructure products, telecommunication infrastructure products, and other infrastructure projects. The approval and funding of such projects have a direct correlation with the growth of the concrete market, as they drive demand for various types of concrete products and services. The allocation of funds for projects related to transportation, water, and energy infrastructure will likely drive the demand for concrete in the coming years.

Technological advancements in concrete production and construction techniques have contributed to the efficiency and quality of concrete products. Automation and improved manufacturing processes have enhanced the consistency and performance of concrete, meeting the stringent requirements of modern construction projects. Challenges facing the U.S Concrete Market include fluctuations in raw material prices, regulatory hurdles, and the impact of external economic factors. The volatility of cement prices, a key component of concrete production, can affect profit margins and overall industry stability. The utility infrastructure sector in the U.S. is diverse, with various projects ranging from the expansion of urban water supply systems to the construction of renewable energy facilities. This diversity has led to a nuanced market landscape where different types of concrete formulations are preferred based on the specific requirements of each project. For instance, the concrete used in road construction may differ from that used in water treatment plants, highlighting the need for a versatile and adaptable concrete market. In recent years, sustainability has become a key focus in the construction industry, influencing material choices and construction practices. Precast concrete, with its ability to minimize on-site waste and reduce construction time, aligns with the growing emphasis on sustainable building practices. Polymer concrete, with its enhanced durability and resistance to environmental factors, contributes to the longevity of structures, reducing the need for frequent repairs and replacements. Fiberglass concrete, being lightweight and corrosion-resistant, addresses sustainability concerns by minimizing the environmental impact associated with transportation and maintenance.

The United States white cement market, valued at approximately $500 million in 2025, is projected to experience steady growth, exhibiting a compound annual growth rate (CAGR) of 2.58% from 2025 to 2033. This growth is primarily driven by the burgeoning construction sector, particularly within the residential and infrastructure segments. Increased government spending on infrastructure projects, coupled with a rising population and urbanization, fuels demand for white cement in various applications, including architectural finishes, decorative concrete, and specialized construction materials. Furthermore, the growing preference for aesthetically pleasing and durable building materials contributes significantly to market expansion. While the market faces restraints such as fluctuating raw material prices and potential environmental concerns related to cement production, the overall positive outlook for construction activity in the US suggests continued growth for the white cement market in the coming years. Key players like Argos USA LLC, CEMEX SAB De CV, and Heidelberg Materials are actively competing to capitalize on this growing demand through innovation and strategic expansion. The market is segmented by product type (Type I, Type III, and others) and application (residential, infrastructure, commercial, and industrial/institutional), allowing for targeted marketing and product development efforts. The segmentation within the US white cement market reveals significant opportunities. The residential segment is expected to remain a dominant force, driven by rising housing construction. However, the infrastructure segment presents a lucrative growth avenue, particularly given ongoing government investments in road, bridge, and public works projects. The commercial and industrial sectors also contribute significantly, with demand stemming from large-scale construction and renovation projects. The competitive landscape is characterized by both domestic and international players, leading to innovation in product offerings and pricing strategies. Companies are focusing on enhancing product quality, sustainability initiatives, and supply chain efficiency to maintain a competitive edge. The forecast period (2025-2033) is expected to see a gradual but consistent expansion of the market, reflecting a healthy and stable growth trajectory for the US white cement industry. Recent developments include: August 2023: Royal White Cement Inc. announced its plans to build a new cement terminal in Houston, Texas, to produce slag, grey cement, and white cement. The company has strengthened its market presence by expanding its footprint in Houston., March 2023: Argos USA LLC has been awarded the Energy Star certification from the US Environmental Protection Agency (EPA). The company has strengthened its market presence by reducing the electricity use and CO2 emissions from its manufacturing process.. Key drivers for this market are: Growing Residential Construction in the Country, Increasing Investments in the Infrastructure Sector. Potential restraints include: Growing Residential Construction in the Country, Increasing Investments in the Infrastructure Sector. Notable trends are: Type I Cement​ to Dominate the Market.

This statistic shows the distribution of the construction market share in Asia Pacific in 2014, by country. That year, China reached a market share of approximately 47 percent for that region. Investments in transportation and manufacturing infrastructure is expected to continue dominating the market.

Construction market in Asia-Pacific – additional information

With a steady annual growth over the past few years, Asia Pacific is expected to be one of the world’s largest construction markets. In 2014, China continued to lead the Asia Pacific construction market, accounting for close to half of the region’s construction output. According to the Fortune China 500 ranking in 2015, China State Construction Engineering (CSCEC) ranked first among the leading Chinese construction companies ranking with annual revenue of about 800 billion yuan in 2014. China Railway Group and China Railway Construction came in second and third with 610 billion and 590 billion yuan in revenue in the same year.

Driven by changing demographic trends, such as an aging population, Asia Pacific investments in transportation and manufacturing infrastructure are expected to continue dominating the construction market. In 2014, infrastructure and residential spending in Asia accounted for 37 and 34 percent share of its total construction spending. Construction costs of average standard buildings in Asia remained the highest among high rise offices and retail space. Chinese companies, for example, spent an average of around 1,100 U.S. dollar per square meter for high rise offices and about 850 U.S. dollar per square meter for retail space.

According to Cognitive Market Research, the global Work Gloves market size will be USD XX million in 2024. It will expand at a compound annual growth rate (CAGR) of 8.00% from 2024 to 2031.

North America held the major market share for more than 40% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.2% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD XX million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 10.0% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.4% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.7% from 2024 to 2031.
The Disposable Gloves Product Type held the highest Work Gloves market revenue share in 2024.

Market Dynamics of Work Gloves Market

Key Drivers for Work Gloves Market

Growth in Industrialization and Construction Activities to Increase the Demand Globally

The growth of the industrial and construction sectors, particularly in emerging economies, is a significant driver for the work gloves market. In the US, commercial construction spending reached $97 billion in 2022, while spending on single-family residential construction was $404 billion. From 2011 to 2021, the average total construction spending in the US was $1.18 trillion. The rise of new manufacturing plants, infrastructure projects, and construction sites increases the demand for protective equipment, including work gloves. Additionally, rapid urbanization and industrial growth in countries like China, India, and Brazil substantially contribute to this demand.

Occupational Safety and Health at Work to Propel Market Growth

Occupational safety and health are critical components of decent work. According to the Istituto nazionale per l'assicurazione contro gli infortuni sul lavoro, there were an estimated 564 thousand work accidents in Italy in 2021. Of these, over 480 thousand incidents occurred on the job, while around 84 thousand occurred during commutes. To reduce such incidents, employers worldwide have been enhancing employee safety by providing better safety equipment, including industrial safety gloves and footwear. This emphasis on safety has driven the sales of industrial safety gloves globally in recent years. Consequently, the prevalence of occupational injuries, particularly in industries like construction, mining, utilities, and manufacturing, has increased the use of Personal Protective Equipment (PPE), including industrial safety gloves, thereby driving market growth during the review period.

Restraint Factor for the Work Gloves Market

High Cost of Raw Materials to Limit the Sales

The cost of raw materials such as natural rubber, nitrile, neoprene, and leather can be unpredictable due to supply chain disruptions, environmental factors, and geopolitical issues. These fluctuations can drive up the production costs of work gloves, making them more expensive for consumers. Manufacturers may find it challenging to maintain profit margins while keeping prices competitive. Additionally, the market faces significant challenges from counterfeit and substandard work gloves. These low-quality products can undermine consumer trust and pose safety risks, making it difficult for legitimate manufacturers to ensure compliance with safety standards and regulations, potentially damaging their reputation.

Impact of Covid-19 on the Work Gloves Market

COVID-19 significantly increased awareness of personal protective equipment (PPE) across sectors beyond healthcare, including retail, logistics, and public services. This led to higher investments in PPE, such as work gloves, by companies and individuals to enhance safety and hygiene, substantially boosting market demand. The surge in demand, combined with supply chain disruptions, resulted in price volatility in the work gloves market. Shortages drove up raw material prices, leading to higher costs for finished products. This price volatility created challenges ...