Electrical Market Data
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Value of New Construction Sees Steady +3.8% Increase in 2017 to $1,230.6 Billion

The 2017 value of construction in 2017 was $1,230.6 billion, 3.8% above the $1,185.7 billion spent in 2016.

Construction spending during December 2017 was estimated at a seasonally adjusted annual rate of $1,253.3 billion, 0.7% above the revised November estimate of $1,245.1 billion. The December figure was +2.6% above the December 2016 estimate of $1,221.6 billion. The 2017 value of construction in 2017 was $1,230.6 billion, 3.8% above the $1,185.7 billion spent in 2016.

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