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How Many Construction Companies in the US: A Comprehensive Review

I. Positive Aspects of "How Many Construction Companies in the US"

A. Accurate and Reliable Data:

- The search results provide accurate and up-to-date information regarding the number of construction companies operating in the US.

- The data is sourced from reliable industry reports, government databases, and reputable business directories.

B. Comprehensive Analysis:

- The search results often include a breakdown of construction companies by state, allowing you to assess the regional distribution of the industry.

- You can find data on the types of construction companies, such as residential, commercial, industrial, and specialty contractors, giving you a complete picture.

C. Insight into Industry Trends:

- By analyzing the number of construction companies in the US over time, you can gauge the growth or decline of the industry.

- Identifying emerging industry trends can help you make informed decisions regarding investments, job opportunities, or partnerships.

II. Benefits of

$2.1 Trillion

US Construction Market Report Overview

Market Size (2022)$2.1 Trillion
Key Consultants· AECOM · Jacobs Solutions Inc · WSP Global Inc · HNTB Corp · STV Group Inc
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How big is the construction industry in 2023?

This report provides market size and forecast across 40+ construction segments for a period of 10 years from 2018-2027 in United States. Construction industry in United States is expected to grow by 6.1% to reach USD 1,419,192 million in 2023.

How many builders are there in USA?

How many businesses are there in the Home Builders industry in the US in 2022? There are 391,465 Home Builders businesses in the US as of 2022, an increase of 3% from 2021.

Who is the biggest construction company in USA?

Bechtel Corporation

Bechtel Corporation

Bechtel is the largest construction company in the US, with 55,000 employees and annual revenue of $17.6 billion.

How many commercial construction companies are there in the US?

There are 67,991 Commercial Building Construction businesses in the US as of 2022, an increase of 0.3% from 2021.

What percentage of the economy is the construction industry?

US GDP - Contribution of Construction Industry is at 4.00%, compared to 4.00% last quarter and 4.00% last year.

Which country has the largest construction industry?

China

From the massive Belt and Road Initiative (BRI) to futuristic smart cities like Xiong'an and Shenzhen, China is redefining the way we build and live. With over 1,175 infrastructure projects in development or execution valued at over $25 million as of May 2022, China leads the pack in construction activity worldwide.

Frequently Asked Questions

How many construction firms are in the US?

There are 3,919,352 Construction businesses in the US as of 2022, an increase of 4.2% from 2021.

What are the 3 major segments of the construction industry?

There are three sectors of the construction industry that are commonly recognized. These sectors are residential, commercial, and infrastructure. However, each of these categories can be broken down into more categories with different rules, regulations, and planning needs.

How many Americans work in the construction industry?

1,051,891 workers

Employment & Salaries

The workforce in Construction Industry Sector was 9,308,005 people and is concentrated in California (1,051,891 workers). The average annual salary was $58,555, being $1,041 less than the national average salary, which was $59,596.

FAQ

Who has the biggest construction company?
Top 10 construction companies in 2023
  • China State Construction Engineering Corporation (CSCEC) CSCEC tops our list as one of the largest construction companies in the world.
  • Samsung C&T Corporation.
  • Vinci SA.
  • China Railway Construction Corporation Limited (CRCC)
  • Bechtel Group Incorporated.
Is construction slowing down 2023?

The Industrial category is expected to see a significant increase of 55.1% in 2023, a surge significantly higher than any other category. However, this growth is expected to slow to 5.4% in 2024, marking a substantial decline.

How many construction workers are in the US?

The construction sector employed nearly eight million people in the United States in July 2023, which was the highest number since the start of the COVID-19 pandemic. There is a strong correlation between the amount of investment in construction and demand for workers.

How many construction companies in the us

What are the 5 major types of construction? Check out the list below for more information.
  • Type I Construction: Fire Resistive.
  • Type II Construction: Non-Combustible.
  • Type III Construction: Ordinary.
  • Type IV Construction: Heavy Timber.
  • Type V Construction: Wood-Frame.
  • What tactics should ladder crews apply to the different types of construction?
Approximately how many companies are in the construction industry

There are 3,919,352 Construction businesses in the US as of 2022, an increase of 4.2% from 2021. Has the number of Construction businesses in the US grown or 

  • How big is the US construction industry?
    • Construction is a major contributor to the U.S. economy. There were more than 919,000 construction establishments in the U.S. in the 1st quarter of 2023. The industry employs 8.0 million employees and creates nearly $2.1 trillion worth of structures each year.

  • How many construction jobs are there in the US?
    • There are 10,825,651 people employed in the Construction industry in the US as of 2022.

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