Total Construction Spending, Nonresidential : 1220507 (As of 2024-08-01)

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Basic Info

Total Construction Spending on Nonresidential projects, reported by the U.S. Census Bureau (USCB), measures the total expenditures on construction projects related to nonresidential facilities undertaken by both private and public sectors in the United States. This metric includes spending on new construction, renovations, and improvements of nonresidential buildings such as commercial spaces, industrial facilities, educational buildings, healthcare facilities, and infrastructure projects. Monthly, seasonally adjusted annually .

Total Construction Spending, Nonresidential was 1220507 as of 2024-08-01, according to United States Census Bureau. Historically, Total Construction Spending, Nonresidential reached a record high of 1220507 and a record low of 432040, the median value is 666070. Typical value range is from 676059 to 1012473. The Year-Over-Year growth is 5.22%. GuruFocus provides the current actual value, an historical data chart and related indicators for Total Construction Spending, Nonresidential - last updated on 2024-08-01.

Category Production & Business Activity
Region USA
Source United States Census Bureau

Stats

Name Value
Last Value 1220507
Latest Period 2024-08-01
Long Term Average 844,265.91
Average Annualized Growth Rate +4.26%
Value from 1 year ago 1159850
Change from 1 year ago +5.23%
Frequency Daily
Unit Millions
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