US Construction Market Size

Goals

To identify the US construction market size (total square footage built and dollar value) for the given sectors during 2009-2030.

Early Findings

  • According to Statista and FMI (cited by BDC Network), the value of new constructions in the multi-family residential sector during 2009-2022 is as follows. The findings have been presented in this spreadsheet.
(in $ millions)
2009- 32,230
2010- 17,410
2011- 17,820
2012- 25,760
2013- 35,169
2014- 46,250
2015- 58,228
2016- 67,084
2017- 66,354
2018- 67,125
2019- 63,322
2020- 61,682
2021- 63,532
2022- 67,055


Proposed next steps:

You need to be the project owner to select a next step.
Since this is a large project, we will start by identifying the total value of new constructions ($ million) in the following segments 1) multi-family residential (2023-2030) 2) commercial offices (2009-2020) 3) commercial offices (2021-2030) 4) Education (2009-2020).
Since this is a large project, we will start by identifying the total square footage of new constructions in the following segments 1) multi-family residential (2009-2020) 2) multi-family residential (2021-2030) 3) commercial offices (2009-2020) 3) commercial offices (2021-2030)