[Economic Report of the President (2003)] [Administration of George W. Bush] [Online through the Government Publishing Office, www.gpo.gov] Table B-55.--New construction activity, 1962-2002 [Value put in place, billions of dollars; monthly data at seasonally adjusted annual rates] -------------------------------------------------------------------------------------------------------------------------------------------------------- Private construction Public construction ------------------------------------------------------------------------------------------- Total Residential Nonresidential buildings and other new buildings\1\ construction Year or month construc- ------------------------------------------------------- State tion Total New Com- Total Federal and Total\2\ housing Total mer- Indus- Other\4\ local\5\ units cial\3\ trial -------------------------------------------------------------------------------------------------------------------------------------------------------- 1962............................................. 60.2 42.3 25.2 19.4 17.2 5.1 2.8 9.2 17.9 3.9 14.0 1963............................................. 64.8 45.5 27.9 21.7 17.6 5.0 2.9 9.7 19.4 4.0 15.4 New series 1964............................................. 75.1 54.9 30.5 24.1 24.4 7.9 5.0 11.5 20.2 3.7 16.5 1965............................................. 81.9 60.0 30.2 23.8 29.7 9.4 7.2 13.1 21.9 3.9 18.0 1966............................................. 85.8 61.9 28.6 21.8 33.3 9.4 9.3 14.6 23.8 3.8 20.0 1967............................................. 87.2 61.8 28.7 21.5 33.1 9.3 8.4 15.4 25.4 3.3 22.1 1968............................................. 96.8 69.4 34.2 26.7 35.2 10.4 8.5 16.3 27.4 3.2 24.2 1969............................................. 104.9 77.2 37.2 29.2 39.9 12.5 9.6 17.8 27.8 3.2 24.6 1970............................................. 105.9 78.0 35.9 27.1 42.1 13.0 9.3 19.8 27.9 3.1 24.8 1971............................................. 122.4 92.7 48.5 38.7 44.2 15.3 7.8 21.1 29.7 3.8 25.9 1972............................................. 139.1 109.1 60.7 50.1 48.4 18.8 6.7 22.9 30.0 4.2 25.8 1973............................................. 153.8 121.4 65.1 54.6 56.3 21.7 9.0 25.6 32.3 4.7 27.6 1974............................................. 155.2 117.0 56.0 43.4 61.1 21.7 11.5 27.9 38.1 5.1 33.0 1975............................................. 152.6 109.3 51.6 36.3 57.8 17.2 11.7 28.9 43.3 6.1 37.2 1976............................................. 172.1 128.2 68.3 50.8 59.9 17.0 10.5 32.4 44.0 6.8 37.2 1977............................................. 200.5 157.4 92.0 72.2 65.4 19.7 11.3 34.5 43.1 7.1 36.0 1978............................................. 239.9 189.7 109.8 85.6 79.9 24.7 16.2 39.0 50.1 8.1 42.0 1979............................................. 272.9 216.2 116.4 89.3 99.8 34.0 22.0 43.7 56.6 8.6 48.1 1980............................................. 273.9 210.3 100.4 69.6 109.9 41.7 20.5 47.7 63.6 9.6 54.0 1981............................................. 289.1 224.4 99.2 69.4 125.1 48.7 25.4 51.0 64.7 10.4 54.3 1982............................................. 279.3 216.3 84.7 57.0 131.6 53.9 26.1 51.6 63.1 10.0 53.1 1983............................................. 311.9 248.4 125.8 95.0 122.6 53.4 19.5 49.8 63.5 10.6 52.9 1984............................................. 370.2 300.0 155.0 114.6 144.9 71.6 20.9 52.4 70.2 11.2 59.0 1985............................................. 403.4 325.6 160.5 115.9 165.1 88.1 24.1 52.9 77.8 12.0 65.8 1986............................................. 433.5 348.9 190.7 135.2 158.2 84.0 21.0 53.2 84.6 12.4 72.2 1987............................................. 446.6 356.0 199.7 142.7 156.3 83.2 21.2 52.0 90.6 14.1 76.6 1988............................................. 462.0 367.3 204.5 142.4 162.8 86.4 23.2 53.2 94.7 12.3 82.5 1989............................................. 477.5 379.3 204.3 143.2 175.1 89.2 28.8 57.1 98.2 12.2 86.0 1990............................................. 476.8 369.3 191.1 132.1 178.2 85.8 33.6 58.8 107.5 12.1 95.4 1991............................................. 432.6 322.5 166.3 114.6 156.2 62.2 31.4 62.6 110.1 12.8 97.3 1992............................................. 463.7 347.8 199.4 135.1 148.4 53.2 29.0 66.2 115.8 14.4 101.5 1993............................................. 491.0 375.1 225.1 150.9 150.0 57.9 23.6 68.5 116.0 14.4 101.5 1994............................................. 539.2 419.0 258.6 176.4 160.4 64.4 28.9 67.1 120.2 14.4 105.8 1995............................................. 557.8 427.9 247.4 171.4 180.5 75.4 35.5 69.7 129.9 15.8 114.2 1996............................................. 615.9 476.6 281.1 191.1 195.5 87.0 38.2 70.4 139.3 15.3 123.9 1997............................................. 653.4 502.7 289.0 198.1 213.7 99.0 37.6 77.1 150.7 14.1 136.6 1998............................................. 705.7 551.4 314.6 224.0 236.8 110.6 40.5 85.7 154.3 14.3 140.0 1999............................................. 765.9 596.3 350.6 251.3 245.8 120.4 32.6 92.7 169.5 14.0 155.5 2000............................................. 820.3 641.8 374.5 265.0 267.3 132.3 31.8 103.2 178.6 14.2 164.4 2001............................................. 842.5 650.0 388.7 279.8 261.3 126.7 29.0 105.5 192.5 15.0 177.5 2001: Jan........................................ 836.5 649.2 375.1 271.6 274.2 137.0 34.6 102.6 187.2 15.2 172.0 Feb........................................ 841.7 654.0 386.3 277.8 267.7 136.8 32.1 98.8 187.7 15.0 172.7 Mar........................................ 845.7 654.5 382.3 275.3 272.2 137.6 33.9 100.7 191.2 14.5 176.7 Apr........................................ 849.7 655.0 386.3 276.9 268.6 133.3 32.3 103.1 194.7 14.9 179.9 May........................................ 846.6 648.8 383.9 279.3 264.8 127.6 29.1 108.2 197.8 15.0 182.8 June....................................... 852.6 658.4 389.0 280.3 269.4 130.0 31.0 108.4 194.1 15.0 179.2 July....................................... 843.6 651.0 385.8 281.0 265.2 128.1 30.2 106.9 192.6 14.3 178.3 Aug........................................ 838.6 650.6 391.7 282.3 258.9 121.9 29.0 108.0 188.1 14.9 173.1 Sept....................................... 836.0 648.5 393.5 281.6 255.1 119.6 28.6 106.9 187.4 15.2 172.2 Oct........................................ 836.6 643.4 392.3 281.6 251.1 119.8 24.6 106.7 193.1 16.0 177.2 Nov........................................ 836.5 639.7 394.7 282.2 244.9 117.5 22.5 105.0 196.9 14.7 182.2 Dec........................................ 841.8 640.8 395.2 283.1 245.6 114.7 23.0 107.9 201.0 15.6 185.4 2002: Jan........................................ 860.2 651.5 403.3 286.9 248.3 117.7 20.9 109.6 208.7 15.7 193.0 Feb........................................ 874.3 659.4 413.5 293.8 245.9 115.3 19.6 111.0 214.9 17.8 197.2 Mar........................................ 855.2 655.3 413.8 295.4 241.5 113.2 18.5 109.8 199.9 16.8 183.1 Apr........................................ 856.9 656.7 411.8 295.6 244.9 113.5 17.5 113.8 200.2 16.6 183.6 May........................................ 847.1 642.2 413.5 294.9 228.6 105.3 16.6 106.8 204.9 17.0 187.9 June....................................... 833.7 634.6 410.8 292.8 223.8 102.3 16.7 104.7 199.1 16.6 182.6 July....................................... 837.8 635.7 414.0 295.2 221.7 101.0 15.8 104.9 202.1 16.3 185.8 Aug........................................ 829.8 627.1 409.3 292.7 217.8 98.8 14.6 104.4 202.8 16.4 186.4 Sept....................................... 832.2 626.5 412.2 296.7 214.3 96.3 13.8 104.2 205.7 15.2 190.5 Oct........................................ 840.5 635.6 417.3 299.1 218.3 96.1 13.7 108.4 204.9 17.0 187.9 Nov ...................................... 843.2 635.3 421.1 303.4 214.2 96.4 13.5 104.3 207.9 16.0 191.9 -------------------------------------------------------------------------------------------------------------------------------------------------------- \1\ Includes farm residential buildings. \2\ Includes residential improvements, not shown separately. Prior to 1964, also includes nonhousekeeping units (hotels, motels, etc.). \3\ Office buildings, warehouses, stores, restaurants, garages, etc., and, beginning 1964, hotels and motels; prior to 1964 hotels and motels are included in total residential. \4\ Religious, educational, hospital and institutional, miscellaneous nonresidential, public utilities (telecommunications, gas, electric, railroad, and petroleum pipelines), all other private, and farm nonresidential. \5\ Includes Federal grants-in-aid for State and local projects. Source: Department of Commerce, Bureau of the Census.