B2B drives market demand, with B2B spending representing 74.1% of total demand in 2023. Jacobs Engineering Group Inc is the largest company in the US, generating 0.7% of the industry’s total turnover value in 2023. The industry is fragmented, with the top four companies generating 2.3% of total production value in 2023. The total number of companies increases in 2023, to 2,634,601 units. The costs of the industry increase by 4.3% in 2023, largely driven by rising labour costs. The industry’s profitability increases and stands at 17.5% of turnover in 2023, the 11th highest across the top 20 developed countries. With turnover of USD2.1 trillion, the US accounts for 87.2% of the North America total in 2023.
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This Euromonitor industrial report provides unique information on Construction in the US: ISIC 45. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Construction in the US: ISIC 45 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of construction and real estate activities.
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