Put-In-Place Construction Forecasts
Oxford Economics’ new construction forecasting service provides a comprehensive outlook to 2050 for construction activity across three categories of spender in the United States: the private sector, the federal government, and state/local government. Forecasts are updated once a quarter, and cover 18 types of construction across residential, commercial/industrial, and infrastructure.
What the service includes
- 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.
- Granular forecast data and history. The service covers 80 individual series, with headline historical data back to 1964, and non-residential runs from 1993, and forecasts to 2050.
- Precise methodology. Forecasts are derived from our renowned global economic and industry models, which ensures that data are consistent with our latest economic 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. Oxford Economics’ industry team are available to answer questions about our forecasts and analysis, and to provide analysis via regular meetings and webinars.
Series Covered
The data set includes a total of 81 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; Sewage & Waste Disposal; Water Supply; Conservation & Development.
- State & Local: Construction; Residential; Non-residential; Office; Commercial; Health Care; Education; Public Safety; Amusement & Recreation; Transportation; Power; Highway & Street; Sewage and Waste Disposal; Water Supply; Conservation & Development.
- Federal: Construction; Residential; Non-residential; Office; Commercial; Health Care; Education; Public Safety; Amusement & Recreation; Transportation; Power; Highway & Street; Sewage and Waste Disposal; Water Supply; Conservation & Development.