U.S. Total Public New Construction

Total public construction in the U.S., including additions, alterations, and improvements. Measured in billions of dollars, NSA.

Us Total Public New Construction
  • U.S. Total Public New Construction during the 12 months through June totaled $344.4 billion, up 7.6% from 1 year ago. Growth is slowing, with second-quarter Construction up 4.2% from the second quarter of 2019.
  • We do not expect significant increases in new construction in the near term as federal, state, and local governments allocate resources to providing pandemic assistance and stimulus while faced with budget constraints.
Us Total Public New Construction
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