US Construction Market Report Overview
The US construction market size was $2.1 trillion in 2022.
How much does NYC spend on construction?
Overall, construction spending on projects hit $83B in 2023, according to the New York Building Congress outlook report released Wednesday. Between 2023 and 2025, spending is projected to hit $261B, which would represent an 18% increase over pre-pandemic spending.
What is the easiest contractors license to get?
The easiest kind of contractor's license is a Class “B” Contractor's License. This license allows you to do general contracting work. There are also licenses for specialty contracting work called a Class “C” Contractor's License. These are for jobs like plumbing or electrical.
How do I check a contractor's license in NY?
Check if a home improvement contractor is licensed. Call 311 or 212-NEW-YORK (212-639-9675) for assistance.
Do contractors in NY need a license?
What is the largest construction company in the NY?
AECOM Tishman is the top construction company in NYC by a long shot, generating approximately $3.4 billion in revenue through its activities in the city in 2019.