1.3 : Value of Construction and Research
| 1.3.3 |
Value of Building
Improvements and Repairs Relative to GDP, by Year ($2010 Billion) (1) |
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Value of Improvements and Repairs |
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Bldgs. Percent of |
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Residential |
Commercial |
All Bldgs. |
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GDP |
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Total U.S. GDP |
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| 1980 |
107.4 |
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N.A. |
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N.A. |
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5,894.6 |
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N.A. |
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| 1985 |
147.6 |
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140.2 |
(2) |
287.8 |
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6,914.5 |
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4.2% |
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| 1990 |
176.9 |
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142.3 |
(3) |
319.2 |
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8,110.4 |
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3.9% |
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| 1995 |
169.6 |
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150.9 |
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320.5 |
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9,180.3 |
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3.5% |
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| 2000 |
198.0 |
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136.4 |
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334.4 |
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11,332.9 |
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3.0% |
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| 2006 |
244.6 |
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224.6 |
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469.2 |
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13,099.8 |
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3.6% |
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| 2007 |
235.7 |
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259.8 |
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495.5 |
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13,354.9 |
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3.7% |
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| Note(s): |
1) Improvements includes additions,
alterations, reconstruction, and major replacements. Repairs include
maintenance. 2) 1986. 3) 1989. |
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DOWNLOAD TABLE AS PDF XLS
Related Tables:
Sources:
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| DOC, Current Construction Reports: Expenditures for Nonresidential Improvements and Repairs: 1992, CSS/92, Sept. 1994, Table A, p. 2 for 1986-1990 expenditures
| DOC, 1997 Census of Construction Industries: Industry Summary, Jan. 2000, Table 7, p. 15
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