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Commercial, industrial & institutional (CII) construction spending

By Daryl Delano, Reed Business Information Economist

December 1, 2002

Building Design and Construction

Commercial, industrial & institutional (CII) construction spending
(Billions of current dollars)

	Spending in August 2002	Percent change from August 2001	Spending in year-to-date 2002	Percent change from year-to-date 2001	2001 total spending	Annual percent change
						2001	2002 (f)	2003 (f)
CII total	$24.80	-8.0%	$183.34	-8.1%	$298.06	0.4%	-4.1%	8.7%
Commercial	8.67	-20.4	70.66	-18.1	126.74	-4.2	-12.8	5.2
Office	3.10	-25.7	26.20	-28.1	52.02	-6.4	-22.2	7.1
Retail	4.76	-12.8	37.20	-6.9	60.30	-0.1	-3.1	3.5
Hotel/motel	0.81	-35.4	7.26	-26.7	14.42	-11.5	-18.8	6.6
Industrial	1.28	-49.4	11.33	-44.6	29.05	-8.7	-24.1	11.3
Institutional	14.85	9.6	101.35	9.2	142.28	7.2	7.8	10.9
Healthcare	1.88	17.4	14.24	12.5	19.17	3.2	5.1	4.3
Education	7.96	9.5	50.73	14.4	68.38	11.8	13.3	17.5
Religious	0.75	-3.9	5.51	2.0	8.31	3.6	4.8	5.5
Other private bldgs.	0.75	-2.6	5.68	-9.8	9.26	-10.4	1.1	3.6
Other public bldgs.	3.51	11.8	25.18	4.5	37.16	7.4	1.6	3.9
Multifamily	3.04	11.2	22.55	12.1	30.69	8.6	11.7	8.3
Source: U.S. Department of Commerce; forecast (f): Reed Business Economics

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© 2008, Reed Business Information, a division of Reed Elsevier Inc. All Rights Reserved.

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