The value of commercial construction starts in the United States in 2024 varied significantly depending on the property type. Road and highway construction starts were the category with the highest market share. The construction starts of warehouses amounted to ***** billion U.S. The value of U.S. commercial construction put in place has been growing between 2019 and 2023.

Graph and download economic data for Total Construction Spending: Commercial in the United States (TLCOMCONS) from Jan 2002 to May 2025 about expenditures, commercial, construction, and USA.

In 2024, the value of construction of commercial buildings in the United States decreased noticeably, falling to lower levels than in 2022. After a noticeable drop in the U.S. commercial construction market during the 2008 recession, the value of commercial construction that has been put in place has recovered to pre-recession figures, reaching *** billion U.S. dollars in 2022. Warehouses and private offices were the most common type of commercial construction starts in the United States. How does commercial construction differ? Commercial construction is for the purpose of business through new buildings like offices or a new industrial facility. In the commercial market, contractors must also take into account the needs of other businesses that may also be established within the building. The larger size in commercial construction tends to lead to the utilization of steel as well as other equipment such as cranes. Such equipment also requires skilled personnel for safe and efficient operations.

Graph and download economic data for Value Added by Industry: Construction (VAC) from Q1 2005 to Q1 2025 about value added, private industries, construction, private, industry, and USA.

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

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

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.

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.

Construction Spending in the United States decreased 0.30 percent in May 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.

Slovenia Construction Value: CE: Industrial Constructions data was reported at 54,512,629.000 EUR in 2019. This records an increase from the previous number of 46,199,465.050 EUR for 2018. Slovenia Construction Value: CE: Industrial Constructions data is updated yearly, averaging 44,137,873.540 EUR from Dec 1998 (Median) to 2019, with 21 observations. The data reached an all-time high of 107,152,953.000 EUR in 2011 and a record low of 13,809,306.000 EUR in 1998. Slovenia Construction Value: CE: Industrial Constructions data remains active status in CEIC and is reported by Statistical Office of the Republic of Slovenia. The data is categorized under Global Database’s Slovenia – Table SI.EA002: Construction Value Put in Place.

Graph and download economic data for Real Value Added by Industry: Construction (RVAC) from Q1 2005 to Q4 2024 about value added, private industries, construction, private, real, industry, and USA.

Graph and download economic data for Private New Construction Activity, Commercial Buildings, Value in Constant Dollars for United States (A0288CUSA382NNBR) from 1946 to 1963 about buildings, commercial, construction, new, private, real, and USA.

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

CN: Building Construction: ytd: State Owned and Holding: Value Completed: Commercial & Service Use: Shaanxi data was reported at 14,898.000 RMB mn in Dec 2024. This records an increase from the previous number of 5,150.000 RMB mn for Sep 2024. CN: Building Construction: ytd: State Owned and Holding: Value Completed: Commercial & Service Use: Shaanxi data is updated quarterly, averaging 1,740.500 RMB mn from Mar 2012 (Median) to Dec 2024, with 52 observations. The data reached an all-time high of 14,898.000 RMB mn in Dec 2024 and a record low of 57.000 RMB mn in Mar 2021. CN: Building Construction: ytd: State Owned and Holding: Value Completed: Commercial & Service Use: Shaanxi data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Construction Sector – Table CN.ED: Construction: Building Construction: Value Completed: Commercial and Service Use.

The United States Commercial Construction Market Report is Segmented by Commercial Sector Type (Office, Industrial & Logistics, and More), by Construction Type (New Construction and Renovation), by Investment Source (Private and Public), and by States (Texas, Florida, California, and More). The Report Offers Market Size and Forecasts in Value (USD) for all the Above Segments.

CN: Building Construction: ytd: Value Completed: Commercial & Service USE: Anhui data was reported at 916.000 RMB mn in Mar 2025. This records a decrease from the previous number of 10,328.000 RMB mn for Dec 2024. CN: Building Construction: ytd: Value Completed: Commercial & Service USE: Anhui data is updated quarterly, averaging 5,218.000 RMB mn from Mar 2012 (Median) to Mar 2025, with 53 observations. The data reached an all-time high of 16,772.000 RMB mn in Dec 2022 and a record low of 916.000 RMB mn in Mar 2025. CN: Building Construction: ytd: Value Completed: Commercial & Service USE: Anhui data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Construction Sector – Table CN.ED: Construction: Building Construction: Value Completed: Commercial and Service Use.

Based on planned construction development over the next few years, the value of non-residential construction put in place in 2028 in the United States is expected to reach roughly *** 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

This comprehensive dataset offers insights into the 2025 construction industry, highlighting topics like global market size trends, employment growth in construction, technological innovations in building, sustainable development practices, and future outlook of the construction sector.

United States - Value Added by Industry: Construction as a Percentage of GDP was 4.50% in October of 2024, according to the United States Federal Reserve. Historically, United States - Value Added by Industry: Construction as a Percentage of GDP reached a record high of 5.10 in July of 2005 and a record low of 3.30 in January of 2011. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Value Added by Industry: Construction as a Percentage of GDP - last updated from the United States Federal Reserve on July of 2025.

The value of overall construction output in the United States grew by over *** trillion U.S. dollars in 2024. That refers to all construction activities, including the construction of buildings and infrastructure, as well as other specialized activities, such as roofing, HVAC, and plumbing installation, among others. The construction sector during recessions The strength of the construction industry generally tends to parallel that of the nation’s economy. After the Great Recession in 2008, there was a noticeable decrease in the value of new construction put in place in the United States, as it can be observed in this statistic. Nevertheless, both public and private construction spending in the U.S. kept increasing in 2020 despite the effects of the start of the COVID-19 pandemic in the economy. Construction worker shortage To sustain growth, there are several challenges that the construction industry in the U.S. has faced in the past years. The shortage if skilled labor in the construction industry has been one of the most notable barriers to growth in the industry in the past couple of years. The industry is facing that challenge at a time in which there is also a high demand for new buildings, as there was a significant housing shortage in metropolitan areas all throughout the United States.