[Economic Report of the President (2003)]
[Administration of George W. Bush]
[Online through the Government Printing 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
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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
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\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.