- US Total Public New Construction during the 12 months through October totaled $347.7 billion, up 5.5% from one year ago. The annual growth rate is generally declining from a March 2020 peak of 8.6%.
- Decline in the US Institutional Architecture Billings Index suggests Construction will move along the back side of the business cycle in the coming quarters.
U.S. Total Public New Construction
Annual U.S. Total Public Construction was up 7.4% from the year-ago level.
October 27, 2020