A complete five-year view of construction spending.
US Construction Forecasting
Service features
Industry
About the US Construction Forecasting Service
Identify growth opportunities. Understand which markets and segments are expanding fastest and why. Benchmarking. Compare national, state and local market trends to your own company's performance. Future proof your strategy. You can rely on Oxford Economics' forecasts to help you inform your strategies and protect the future of your business.
Our new US construction forecasting service, created in partnership with ConstructConnect, provides a comprehensive five-year outlook for public and private construction activity in the United States. Forecasts are updated once a quarter, and cover more than 20 types of construction across residential, commercial/industrial, and infrastructure. Our forecasts are presented at the national, state, metro and county level.
What are the benefits?
Data and forecasts for US put-in-place construction. Forecast trends for the widely-watched building activity data published each month by the US Census Bureau. Sub-national data are created from ConstructConnect’s Construction Starts. Granular forecast data and history. The service covers 48 individual series, with historical quarterly- frequency data back to 2007, and forecasts to a five-year horizon. Precise methodology. Forecasts are derived by projecting forward the construction starts forecasts from ConstructConnect’s Construction Starts forecasts. These forecasts, created with Oxford Economics, are underpinned by econometric models driven by Oxford Economics’ economic, industry, and metro forecasts. Regular updates. The service is updated once a quarter, drawing on our baseline macroeconomic forecasts for the US and global economies, and our global industry forecasts. Quarterly chartbook. Analysis of key drivers and our forecast outlook, with graphical presentation of trends presented by the data. Advanced analytical functions. Our web-based databank allows users to quickly build custom queries and view data in tables, dashboards, charts, or maps with full export as an image or to Excel. Expert support. Our industry team is available to answer questions about our forecasts and analysis, and to provide you with insightful outlook via regular meetings and webinars.
To find out more and get in touch with us, visit us at www.oxfordeconomics.com/us-construction-forecasts
The US construction forecasts are consistent with our other services presenting forecasts for construction in Asia, and our long-standing global construction forecasts.
Series coverage
Get in touch
Geographic coverage
Our coverage includes US national aggregates, 50 states plus the District of Columbia, more than 400 metros and more than 3,000 counties.
Contact Us
Construction types and spenders
A complete five-year view of construction spending
Related services
The data set includes a total of 48 individual series. All series are in nominal US$ with forecasts by construction type (residential and non-residential), and by construction spender (private sector, federal government, and state/ local government).
Private sector. Construction; Residential; Residential: New Single Family; Residential: New Multi-Family; Improvements; Non-residential; Lodging; Office; Commercial; Health Care; Education; Religious; Amusement and Recreation; Transportation; Communication; Power; Manufacturing. Public. Construction; Residential; Non-residential; Office; Commercial; Health Care; Education; Public Safety; Amusement & Recreation; Transportation; Power; Highway & Street; Water Supply, Sewage & Waste Disposal; Conservation & Development.