The data shows a forecast for total construction put in place in the U.S. between 2011 and 2022. Construction spending is projected to exceed 1.53 trillion USD in 2022.
New construction put in place in the United States
In 2017, new construction put in place in the U.S. was valued at around 1.23 trillion USD, up from around 788 billion USD in 2011, when construction spending reached the lowest level in a decade. Apparently, the industry is on track to continue its positive growth trend, and is expected to generate some 1.
