In the United States, there were 764,546 construction firms in 2021, with most of them engaged in residential construction. The segments with the highest numbers of companies were residential remodelers and plumbing, and heating, and air conditioning (HVAC) contractors. There were also many firms dedicated to electrical installation and the construction of new single-family homes.
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Graph and download economic data for Total Construction Spending: Total Construction in the United States (TTLCONS) from Jan 1993 to Apr 2025 about headline figure, expenditures, construction, and USA.
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Construction Spending in the United States decreased 0.40 percent in April of 2025 over the previous month. This dataset provides the latest reported value for - United States Construction Spending - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
The construction sector employed over *** million people in the United States in April 2025, which was the highest number since the 21st century. There is a strong correlation between the amount of investment in construction and demand for workers. For example, in the years following the 2008 financial crisis, the value of new construction put in place in the U.S. decreased, which also translated in lower employee numbers in the construction sector. How to improve the job shortage? Many contractors have reported difficulty finding skilled workers recently. However, that has not only been the case in the construction industry, but in many other sectors of the economy too. For example, U.S. restaurants reported shortages in different positions in the past years. Although there are many reasons why workers may quit, in general, an increase in the salaries of construction employees may help in reducing the number of resignations. Worker shortages in Europe The United States is not the only country where companies have been facing these challenges. Thus, the percentage of French infrastructure companies reporting staff shortage peaked in 2019 and 2023. However, there are certain industries that struggle finding new employees more than construction. Social and care work had the highest skilled labor shortages in Germany.
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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Graph and download economic data for All Employees, Construction (USCONS) from Jan 1939 to May 2025 about establishment survey, construction, employment, and USA.
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Graph and download economic data for Total Construction Spending: Office in the United States (TLOFCONS) from Jan 2002 to Apr 2025 about expenditures, construction, and USA.
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Graph and download economic data for All Employees, Residential Building Construction (CES2023610001) from Jan 1985 to May 2025 about establishment survey, buildings, residential, construction, employment, and USA.
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The Report Covers US Commercial Building Construction Industry Statistics & Growth. The Market is Segmented by End User (Office Building Construction, Retail Construction, Hospitality Construction, Institutional Construction, and Others). The market size and forecasts are provided in terms of value (USD billion) for all the above segments.
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The United States Data Center Construction Market is Segmented by Tier Type (Tier 1 and 2, Tier 3 and Tier 4), Data Center Type(Colocation, Self-Built Hyperscalers (CSPs), Enterprise, and Edge), and Infrastructure (Electrical Infrastructure, Mechanical Infrastructure). The Market Forecasts are Provided in Terms of Value (USD).
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GDP from Construction in the United States increased to 873.80 USD Billion in the fourth quarter of 2024 from 863.70 USD Billion in the third quarter of 2024. This dataset provides - United States Gdp From Construction- actual values, historical data, forecast, chart, statistics, economic calendar and news.
The U.S. Census Bureau provides monthly estimates of the total dollar value of construction work done in the United States as part of the Value of Construction Put in Place Survey (VIP). Includes construction related to passenger terminals, runways, pavement and lighting, hangars, air freight terminals, space facilities, air traffic towers, aircraft storage and maintenance buildings.
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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.
The new constructions put in place in the United States in 2023 were valued at almost two trillion U.S. dollars. In the coming years, the value of construction is expected to keep growing, reaching roughly *** trillion U.S. dollars in 2028. Construction spending has been growing steadily over the last couple of years. Up to 2021, residential building construction spending also increased.
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The U.S. data center construction market size by investment was valued at USD 48.18 billion in 2024 and is expected to reach USD 112.33 billion by 2030, growing at a CAGR of 15.15% during the forecast period.
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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.
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Graph and download economic data for Total Construction Spending: Commercial in the United States (TLCOMCONS) from Jan 2002 to Apr 2025 about expenditures, commercial, construction, and USA.
Expert industry market research on the Commercial Building Construction in the US (2006-2031). Make better business decisions, faster with IBISWorld's industry market research reports, statistics, analysis, data, trends and forecasts.
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Graph and download economic data for Total Construction Spending: Residential in the United States (TLRESCON) from Jan 2002 to Apr 2025 about residential, expenditures, construction, and USA.
The U.S. Census Bureau provides monthly estimates of the total dollar value of construction work done in the United States as part of the Value of Construction Put in Place Survey (VIP). Includes construction related to pavement, lighting, retaining walls, tunnels, bridges, toll/weigh facilities, maintenance buildings, and rest facilities.
In the United States, there were 764,546 construction firms in 2021, with most of them engaged in residential construction. The segments with the highest numbers of companies were residential remodelers and plumbing, and heating, and air conditioning (HVAC) contractors. There were also many firms dedicated to electrical installation and the construction of new single-family homes.