The value of overall construction output in the United States reached **** trillion U.S. dollars in 2025. That refers to all construction activities, including the construction of buildings and infrastructure, as well as other specialized activities, such as roofing, HVAC, and plumbing installation, among others.Â
The construction sector during recessions
The strength of the construction industry generally tends to parallel that of the nation’s economy. After the Great Recession in 2008, there was a noticeable decrease in the value of new construction put in place in the United States, as it can be observed in this statistic. Nevertheless, both public and private construction spending in the U.S. kept increasing in 2020 despite the effects of the start of the COVID-19 pandemic on the economy.
Construction worker shortage
To sustain growth, there are several challenges that the construction industry in the U.S. has faced in the past years. The shortage of skilled labor in the construction industry has been one of the most notable barriers to growth in the industry in the past couple of years. The industry is facing that challenge at a time in which there is also a high demand for new buildings, as there was a significant housing shortage in metropolitan areas all throughout the United States.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how ÌÇÐÄÆƽâ°æ can support your business.
U.S. Census Bureau. (February 27, 2026). Value of new construction put in place in the United States from 1964 to 2025 (in billion U.S. dollars) [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 31, 2026, from /statistics/184341/total-value-of-new-construction-put-in-place-in-the-us/
U.S. Census Bureau. "Value of new construction put in place in the United States from 1964 to 2025 (in billion U.S. dollars)." Chart. February 27, 2026. ÌÇÐÄÆƽâ°æ. Accessed July 31, 2026. /statistics/184341/total-value-of-new-construction-put-in-place-in-the-us/
U.S. Census Bureau. (2026). Value of new construction put in place in the United States from 1964 to 2025 (in billion U.S. dollars). ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 31, 2026. /statistics/184341/total-value-of-new-construction-put-in-place-in-the-us/
U.S. Census Bureau. "Value of New Construction Put in Place in The United States from 1964 to 2025 (in Billion U.S. Dollars)." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 27 Feb 2026, /statistics/184341/total-value-of-new-construction-put-in-place-in-the-us/
U.S. Census Bureau, Value of new construction put in place in the United States from 1964 to 2025 (in billion U.S. dollars) ÌÇÐÄÆƽâ°æ, /statistics/184341/total-value-of-new-construction-put-in-place-in-the-us/ (last visited July 31, 2026)
Value of new construction put in place in the United States from 1964 to 2025 (in billion U.S. dollars) [Graph], U.S. Census Bureau, February 27, 2026. [Online]. Available: /statistics/184341/total-value-of-new-construction-put-in-place-in-the-us/
