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Commercial Building Construction: United States

Commercial Building Construction: United States

This report forecasts to 2023 US commercial building construction expenditures in nominal and real (inflation-adjusted) US dollars and floor space in square feet. Total expenditures in nominal and real dollars are segmented by market in terms of: education, retail and wholesale, office, industrial, healthcare, lodging, transportation, religious, and other markets such as public safety. Total floor space is segmented by market as follows: commercial, industrial, office, education, public assembly, lodging, healthcare, and other markets. Total floor space is also segmented by region in terms of: South, Midwest, West, and Northeast.

To illustrate historical trends, total expenditures and the various segments are provided in annual series from 2008 to 2018.

This report includes new commercial building construction and improvements such as additions, alterations, and major replacements (e.g., heating systems). Maintenance and repairs for existing structures and service facilities are excluded. Also excluded are land acquisition costs, drilling of gas and oil wells, and digging and shoring of mines. As defined by the US Census Bureau, expenditures represent architectural and engineering costs; labor, material, and overhead costs; interest and taxes paid during construction; and contractors' profits.

Key macroeconomic indicators are also provided with quantified trends. Other various topics, including profiles of pertinent leading companies, are covered in this report. A full outline of report items by page is available in the Table of Contents.

Related NAICS Codes:
236210 Industrial Building Construction
236220 Commercial and Institutional Building Construction


HIGHLIGHTS
MARKET ENVIRONMENT
Historical Trends
Key Economic Indicators
Interest Rate Trends
MARKET SEGMENTATION & FORECASTS
Education
Retail & Wholesale
Office
Industrial
Healthcare
Lodging
Transportation
Religious
Other Markets
EXISTING FLOOR SPACE SEGMENTATION & FORECASTS
INDUSTRY STRUCTURE
Industry Characteristics
Market Leaders
ABOUT THIS REPORT
Scope
Sources
Industry Codes
Freedonia Methodology
Resources
LIST OF TABLES & FIGURES
Figure 1 | Key Trends in US Commercial Building Construction Expenditures, 2018 - 2023
Figure 2 | US Nominal Commercial Building Construction Expenditure Trends, 2008 - 2018
Figure 3 | US Real & Nominal Commercial Building Construction Expenditure Trends, 2008 - 2018
Table 1 | Key Indicators for US Commercial Building Construction Expenditures, 2008 - 2023
Figure 4 | US Interest Rate Trends, 2008 - 2018 (%)
Table 2 | US Interest Rate Trends, 2008 - 2018 (%)
Figure 5 | US Nominal Commercial Building Construction Expenditures by Market, 2008 - 2023 (US$ bil)
Table 3 | US Nominal Commercial Building Construction Expenditures by Market, 2008 - 2023 (US$ bil)
Figure 6 | US Nominal Commercial Bldg Construct Expend by Mkt Performance Index, 2008 - 2023 (2008=100)
Figure 7 | US Real Commercial Building Construction Expenditures by Market, 2008 - 2023 (2012US$ bil)
Table 4 | US Real Commercial Building Construction Expenditures by Market, 2008 - 2023 (2012US$ bil)
Figure 8 | US Education Building Construction Expenditures w/ Gross Government Investment, 2008 - 2023
Figure 9 | US Retail & Wholesale Building Construction Expenditures w/ Retail Sales, 2008 - 2023
Figure 10 | US Office Building Construction Expenditures w/ Civilian Employment, 2008 - 2023
Figure 11 | US Industrial Building Construction Expenditures w/ Manufacturers' Shipments, 2008 - 2023
Figure 12 | US Transport Bldg Construction Expenditures w/ Transport Construction Expenditures, 2008 - 2023
Figure 13 | US Nominal Commercial Building Construction Expenditures by Market, 2008 - 2023 (% of US$ bil)
Figure 14 | US Commercial Building Existing Floor Space by Market, 2008 - 2023 (bil sq ft)
Table 5 | US Commercial Building Existing Floor Space by Market, 2008 - 2023 (bil sq ft)
Figure 15 | US Commercial Building Existing Floor Space by Region, 2008 - 2023 (bil sq ft)
Table 6 | US Commercial Building Existing Floor Space by Region, 2008 - 2023 (bil sq ft)
Figure 16 | US Commercial Building Construction Firms, Establishments, & Employment, 2008 - 2018
Table 7 | US Commercial Building Construction Firms, Establishments, & Employment, 2008 - 2018
Table 8 | Leading Participants in the US Commercial Building Construction Industry by Market
Table 9 | NAICS & SIC Codes Related to Commercial Building Construction

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