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.
US Construction Forecasting
A comprehensive five-year outlook for construction activity in the United States.
About the US Construction Forecasting Service
Our new US construction forecasting service, created in partnership with ConstructConnect, provides a comprehensive five-year outlook for 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?
The service covers 48 individual series, with historical quarterly- frequency data back to 2007, and forecasts to a five-year horizon.
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.
The service is updated once a quarter, drawing on our baseline macroeconomic forecasts for the US and global economies, and our global industry forecasts. We also provide an analysis of key drivers and our forecast outlook, with a graphical presentation of trends presented by the data.
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.
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.
Our coverage includes US national aggregates, 50 states plus the District of Columbia, more than 400 metros and more than 3,000 counties.
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).
Construction types and spenders
- 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.