Construction Spending in the United States

posittablecontest
rstats
python
Author

Jisell Howe, CDT

Published

December 1, 2022

Here is my entry for the Posit 2022 Table Contest. You can read a supplemental blog post about the project here.

The Value of Construction Put in Place Survey (VIP) is conducted by the U.S. Census Bureau and provides monthly estimates of the total dollar value of construction work done in the United States. These estimates are released on a certain schedule and cover work done on new structures and improvements to existing structures for both Private and Public Sector construction. Responses are voluntary and are collected with a certain methodology (U.S. Census Bureau, 2022).

The seasonally adjusted annual rate tables below show Total Construction as well as Private and Public Sectors separately. Comparisons between previous month and previous year are made, and the “trend” column shows a quick visual of what the last year has looked like for that particular construction classification. Further line charts below the tables show time series visuals for various construction classifications in the same context.

According to the October 2022 report that was released on December 1st, 2022, the largest increases in the past year are evident in the Manufacturing, Water Supply, and Commercial categories. In contrast, the largest decreases in the past year are evident in the Power category. For the latest data release, please refer to the U.S. Census Bureau resources.