Elementary and high schools spent more than $14 billion on construction last year — 5% more than in 2013, according to the 2015 Annual State of the Educational Marketplace, published this week by the Silver Spring, MD,-based Education Market Association (EMA).
The 2014 total marked the fourth year in a row that spending on school construction rose year over year, according to the report. More than half of the spending was for new construction.
