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Construction Spending data reports on the sum of the value of work done on all construction projects underway during the period, regardless of when work on each individual project was started or when payment was made to the contractors. For some categories, published estimates represent payments made during a period rather than the value of work actually done during that period. For other categories, estimates are derived by distributing the total construction cost of the project by means of historic construction progress patterns.
The “value of construction put in place” is a measure of the value of construction installed or erected at
the site during a given period. For an individual project, this includes—
Projects are classified as privately owned or government owned
(state, local, or federal government). The distinction is made on the
basis of ownership during the construction period.
Construction Spending includes the following:
The following are excluded from construction:
Classification of Construction Spending on Residential Buildings
New Single Family
: Includes new houses and town houses built to be sold or rented and units built by the owner or for the owner on contract. The classification excludes residential units in buildings that are
primarily nonresidential. It also excludes manufactured housing and houseboats.
: Includes new apartments and condominiums. The classification excludes residential units in buildings that are primarily nonresidential.
State and local includes remodeling, additions, and major replacements to multi-family properties
subsequent to completion of original building as well as construction of additional housing units in
existing residential structures, the addition of swimming pools and garages, and replacement of
major equipment items such as water heaters, furnaces, and central air-conditioners.
Maintenance and repair work is excluded.
: Includes remodeling, additions, and major replacements to owner occupied properties
subsequent to completion of original building. It includes construction of additional housing units
in existing residential structures, finishing of basements and attics, modernization of kitchens,
bathrooms, etc. Also included are improvements outside of residential structures, such as the
addition of swimming pools and garages, and replacement of major equipment items such as
water heaters, furnaces and central air-conditioners. Maintenance and repair work is not included.
Improvements to state and locally owned multi-family units are included in the state and local