Construction Spending in the United States

posittablecontest
rstats
python
Author

Jisell Howe, CDT

Published

December 1, 2022

Here is my entry for the Posit 2022 Table Contest. You can read a supplemental blog post about the project here.

The Value of Construction Put in Place Survey (VIP) is conducted by the U.S. Census Bureau and provides monthly estimates of the total dollar value of construction work done in the United States. These estimates are released on a certain schedule and cover work done on new structures and improvements to existing structures for both Private and Public Sector construction. Responses are voluntary and are collected with a certain methodology (U.S. Census Bureau, 2022).

The seasonally adjusted annual rate tables below show Total Construction as well as Private and Public Sectors separately. Comparisons between previous month and previous year are made, and the “trend” column shows a quick visual of what the last year has looked like for that particular construction classification. Further line charts below the tables show time series visuals for various construction classifications in the same context.

According to the October 2022 report that was released on December 1st, 2022, the largest increases in the past year are evident in the Manufacturing, Water Supply, and Commercial categories. In contrast, the largest decreases in the past year are evident in the Power category. For the latest data release, please refer to the U.S. Census Bureau resources.

Construction Spending - All
Data presented in millions of dollars. Rounding may affect accuracy when summarizing data.
Type_of_Construction1 Comparison Percentage Change trend4
Oct_20222 Oct_2021 Ref_Sep_20223 Ref_Oct_20213
Total Construction $1,794,949 $1,644,332 -0.3% 9.2% 1.8M
Residential $896,505 $825,903 -0.3% 8.5% 896.5K
Nonresidential $898,444 $818,428 -0.3% 9.8% 898.4K
Lodging $19,125 $15,655 1.3% 22.2% 19.1K
Office $87,138 $86,352 0.3% 0.9% 87.1K
Commercial $117,411 $95,950 -0.4% 22.4% 117.4K
Health care $52,410 $48,655 0.4% 7.7% 52.4K
Educational $98,218 $93,380 0.4% 5.2% 98.2K
Religious $2,835 $2,889 -9.9% -1.9% 2.8K
Public safety $11,736 $10,601 1.6% 10.7% 11.7K
Amusement and recreation $28,186 $25,026 2.6% 12.6% 28.2K
Transportation $56,597 $55,314 -0.1% 2.3% 56.6K
Communication $24,849 $24,777 0.6% 0.3% 24.8K
Power $106,758 $118,677 1.5% -10% 106.8K
Highway and street $114,273 $102,161 -0.7% 11.9% 114.3K
Sewage and waste disposal $32,706 $28,051 -1.1% 16.6% 32.7K
Water supply $25,470 $19,140 -0.7% 33.1% 25.5K
Conservation and development $9,114 $8,171 0.8% 11.5% 9.1K
Manufacturing $111,618 $83,632 -3.3% 33.5% 111.6K
Table: Jisell Howe, CDT | Data: U.S Census Bureau, Construction Spending, December 1st, 2022
Additional Information: www.census.gov/construction/c30/meth.html
1 Preliminary
2 Revised
3 Percentage Change referenced with October 2022
4 Trends from October 2021 to October 2022
Construction Spending - Private Sector
Data presented in millions of dollars. Rounding may affect accuracy when summarizing data.

Data presented includes the following private construction categories (not shown separately):
public safety, highway and street, sewage and waste disposal, water supply, and conservation and development
as well as private residential improvements.
Type_of_Construction1 Comparison Percentage Change trend4
Oct_20222 Oct_2021 Ref_Sep_20223 Ref_Oct_20213
Total Private Construction1 $1,420,380 $1,303,679 -0.5% 9% 1.4M
Residential2 $887,224 $816,908 -0.3% 8.6% 887.2K
New single family $410,076 $433,480 -2.6% -5.4% 410.1K
New multifamily $102,593 $100,988 0.6% 1.6% 102.6K
Nonresidential $533,156 $486,771 -0.8% 9.5% 533.2K
Lodging $18,670 $15,287 1.6% 22.1% 18.7K
Office $74,993 $74,335 0.2% 0.9% 75.0K
Commercial $113,366 $92,632 -0.4% 22.4% 113.4K
Health care $40,997 $38,575 -0.6% 6.3% 41.0K
Educational $18,801 $16,376 0% 14.8% 18.8K
Religious $2,835 $2,882 -9.9% -1.6% 2.8K
Amusement and recreation $14,525 $12,529 3.8% 15.9% 14.5K
Transportation $15,977 $15,173 -0.6% 5.3% 16.0K
Communication $24,723 $24,551 0.6% 0.7% 24.7K
Power $94,686 $109,370 -0.8% -13.4% 94.7K
Manufacturing $111,118 $83,201 -3.2% 33.6% 111.1K
Table: Jisell Howe, CDT | Data: U.S Census Bureau, Construction Spending, December 1st, 2022
Additional Information: www.census.gov/construction/c30/meth.html
1 Preliminary
2 Revised
3 Percentage Change referenced with October 2022
4 Trends from October 2021 to October 2022
Construction Spending - Public Sector
Data presented in millions of dollars. Rounding may affect accuracy when summarizing data.

Data presented includes the following public construction categories (not shown separately):
lodging, religious, communication, and manufacturing.
Type_of_Construction1 Comparison Percentage Change trend4
Oct_20222 Oct_2021 Ref_Sep_20223 Ref_Oct_20213
Total Public Construction3 $374,569 $340,652 0.6% 10% 374.6K
Residential $9,281 $8,995 -0.9% 3.2% 9.3K
Nonresidential $365,289 $331,657 0.6% 10.1% 365.3K
Office $12,145 $12,017 0.7% 1.1% 12.1K
Commercial $4,046 $3,318 -1.6% 21.9% 4.0K
Health care $11,413 $10,080 4.2% 13.2% 11.4K
Educational $79,417 $77,004 0.5% 3.1% 79.4K
Public safety $11,520 $10,509 1.8% 9.6% 11.5K
Amusement and recreation $13,661 $12,496 1.3% 9.3% 13.7K
Transportation $40,619 $40,140 0.2% 1.2% 40.6K
Power $12,072 $9,307 22.8% 29.7% 12.1K
Highway and street $113,428 $101,753 -0.8% 11.5% 113.4K
Sewage and waste disposal $32,050 $27,504 -1.1% 16.5% 32.0K
Water supply $24,830 $18,466 -0.2% 34.5% 24.8K
Conservation and development $9,007 $8,032 0.9% 12.1% 9.0K
Table: Jisell Howe, CDT | Data: U.S Census Bureau, Construction Spending, December 1st, 2022
Additional Information: www.census.gov/construction/c30/meth.html
1 Preliminary
2 Revised
3 Percentage Change referenced with October 2022
4 Trends from October 2021 to October 2022

The most significant growth percentages and decline percentages over the past year are colored with stronger blue and red lines in each chart. In addition, New Single Family as a category is also noted due to the large amount of spending in that category in general. That said, efforts were made to separate overall category summary data such as “Residential”, “Nonresidential”, and “Total…” . Overall summary categories are not shown in favor of displaying broken down categories within those overall categories in a closer look. Please refer to tables for overall summary and breakdown categories presented together. Please also refer to the U.S. Census Bureau’s definitions for any given category.

Link to code on GitHub.

Link to submission on Posit Community.

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Sources Cited

Bureau, U. S. C. (2019, April 15). Construction spending. United States Census Bureau. Retrieved December 1, 2022, from https://www.census.gov/construction/c30/c30index.html