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Commercial, industrial & institutional (CII) construction spending

Staff

February 1, 2003

Building Design and Construction

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

	Spending in October 2002	Percent change from October 2001	Spending in year-to-date 2002	Percent change from year-to-date 2001	2001 total spending	Annual percent change 2001	2002	2003 (f)
CII total	$23.03	-7.9	231.01	-7.8	298.06	0.4	-7.3	3.8
Commercial	8.62	-19.3	88.04	-18.2	126.74	-4.2	-17.2	3.4
Office	2.97	-28.9	32.17	-27.9	52.02	-6.4	-27.1	6.6
Retail	4.86	-9.3	47.07	-7.2	60.30	-0.1	-6.6	1.2
Hotel/motel	0.80	-31.3	8.80	-28.2	14.42	-11.5	-25.9	3.7
Industrial	1.22	-44.8	13.77	-45.3	29.05	-8.7	-40.8	5.8
Institutional	13.19	9.0	129.20	9.8	142.28	7.2	8.3	3.8
Healthcare	2.01	20.6	18.31	14.7	19.17	3.2	10.6	2.7
Education	7.04	10.7	64.95	13.4	68.38	11.8	13.3	9.1
Religious	0.72	-4.9	6.89	-0.2	8.31	3.6	2.2	3.5
Other private bldgs.	0.71	-7.9	7.09	-8.8	9.26	-10.4	-11.1	-5.0
Other public bldgs.	3.43	3.1	31.96	3.9	37.16	7.4	3.7	-4.4
Multifamily	2.83	5.4	28.16	10.9	30.69	8.6	11.1	6.6
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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