The data used in this table comes from the U.S. Census Bureau’s Construction Spending report.
The data above reflects the spending in public and private sectors for construction in the United States for the past 10 years. The public sector spending has increased from $509.7 Billion in 2010 to $742.2 Billion in 2020, an increase of 46%. Similarly, private sector spending has increased from $914.7 Billion in 2010 to $1.3 Trillion in 2020, an increase of 43%. This indicates that the construction industry in the United States has experienced steady growth over the past 10 years.
The greatest increase in spending has been in 2019, with public sector spending increasing by 11.2% and private sector spending increasing by 9.3%. This is likely due to increased investment in infrastructure and housing in the US.
Overall, the data shows that the construction industry in the United States has experienced consistent growth over the past 10 years.
