Total Construction Spending: Lodging : 23377 (As of 2024-08-01)

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Basic Info

Total Construction Spending on Lodging projects, reported by the U.S. Census Bureau (USCB), measures the total expenditures on construction projects related to lodging facilities undertaken by both the private and public sectors in the United States. This metric includes spending on new construction, renovations, and improvements of facilities such as hotels, motels, and other lodging establishments. Monthly, seasonally adjusted annually.

Total Construction Spending: Lodging was 23377 as of 2024-08-01, according to United States Census Bureau. Historically, Total Construction Spending: Lodging reached a record high of 38212 and a record low of 8577, the median value is 19551. Typical value range is from 20463 to 30609. The Year-Over-Year growth is -9.65%. GuruFocus provides the current actual value, an historical data chart and related indicators for Total Construction Spending: Lodging - last updated on 2024-08-01.

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

Stats

Name Value
Last Value 23377
Latest Period 2024-08-01
Long Term Average 25,536.05
Average Annualized Growth Rate +3.05%
Value from 1 year ago 25881
Change from 1 year ago -9.68%
Frequency Daily
Unit Millions
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