1 Table 1. Annual Value of Construction Put in Place in the United States: 1988 - 1992 (Millions of dollars) 0 Type of construction Current dollars Constant (1996) dollars 1988 1989 1990 1991 1992 1988 1989 1990 1991 1992 + Total construction............ 462012 477502 476778 432592 463661 583396 579583 560802 503711 533322 Private construction......... 367277 379328 369300 322483 347814 467599 463541 436999 378245 401567 Residential buildings....... 204496 204255 191103 166251 199393 263385 252745 228943 197526 232134 New housing units.......... 142391 143232 132137 114575 135070 183394 177265 158319 136121 157254 1 unit.................... 120093 120929 112886 99427 121976 154670 149651 135253 118110 141990 2 units or more........... 22298 22304 19250 15148 13094 28724 27613 23066 18011 15264 Improvements............... 62105 61023 58966 51676 64323 79991 75480 70625 61405 74879 Nonresidential buildings.... 130854 139953 143506 116570 105646 164191 169173 167896 135389 120921 Industrial................. 23203 28786 33636 31424 29029 29107 34778 39350 36496 33233 Office..................... 39307 40116 35055 25951 20271 49325 48518 41027 30143 23209 Hotels, motels............. 8265 9275 10679 6939 3691 10375 11212 12497 8064 4225 Other commercial........... 38852 39833 40047 29355 29197 48745 48134 46847 34092 33401 Religious.................. 3271 3449 3566 3521 3485 4105 4169 4169 4088 3988 Educational................ 3511 3991 4616 4193 4474 4406 4823 5398 4869 5124 Hospital and institutional 9147 9559 10868 10567 11487 11480 11559 12710 12273 13149 Miscellaneous.............. 5298 4945 5040 4619 4012 6647 5980 5897 5363 4593 Farm nonresidential......... 2394 2531 2801 2753 2398 3004 3059 3276 3197 2744 Public utilities............ 27412 30129 28933 33966 36807 34448 35688 33505 38830 41745 Telecommunications......... 9556 9614 9803 8962 8993 12347 11291 11346 10275 10330 Other public utilities..... 17856 20515 19130 25004 27814 22101 24397 22159 28555 31415 Railroads................. 2382 2650 2600 2406 2928 2884 3097 2969 2698 3299 Electric light and power.. 11441 13137 11299 16293 17136 14186 15666 13083 18662 19422 Gas....................... 3656 4386 4820 5555 6901 4561 5227 5627 6340 7742 Petroleum pipelines....... 377 342 411 750 849 470 408 480 856 953 All other private........... 2121 2460 2957 2943 3570 2570 2876 3379 3303 4024 Public construction.......... 94735 98174 107478 110109 115847 115797 116042 123803 125467 131755 Buildings................... 35193 38235 43615 47406 49986 44268 46306 51117 55144 57316 Housing and redevelopment.. 3292 3441 3808 3587 4138 4240 4259 4560 4264 4818 Industrial................. 1413 1300 1434 1824 1876 1774 1571 1677 2117 2146 Educational................ 12823 14696 16055 19203 20647 16086 17758 18772 22294 23638 Hospital................... 2756 2652 2860 2829 3383 3459 3205 3348 3285 3873 Other...................... 14909 16146 19458 19965 19943 18710 19513 22760 23184 22840 Highways and streets........ 29126 28747 32105 32042 33106 33959 32655 35879 35376 37405 Military facilities......... 3579 3520 2665 1837 2502 4330 4124 3050 2081 2844 Conservation and development 4768 5098 4686 5011 5952 6003 6139 5482 5714 6695 Sewer systems............... 9521 9814 10276 10039 9663 11986 11818 12010 11448 10874 Water supply facilities..... 4319 4179 4909 4981 5162 5288 4965 5730 5840 5939 Miscellaneous public........ 8229 8581 9223 8793 9477 9962 10036 10535 9864 10683