4a. Value added by construction and as a percentage of GDP in the
U.S., 2002-2010
(Current dollar value: private industry)
Number
$651
$614
$613
Value (in billions)
$600
$500
5.5%
$654
$554
$494
$542
$516
$512
5.0%
4.5%
$400
$300
4.0%
$200
3.5%
$100
$0
3.0%
2002
2003
2004
2005
2006
Year
2007
2008
2009
2010
% of GDP
$700
Percent
4b. Annual percent change in Value Added Price Indexes, 2002-2010
GDP
Private goods-producing sector
Construction
10%
7.8%
8%
% change
6%
4%
3.7%
2.9%
2%
4.2%
2.2%
1.1%
0.6%
1.3%
1.5%
1.2%
0%
-2%
-2.5%
-4%
-4.4%
-6%
2002-2007
2008
2009
Year
2010
4c. Payroll and fringe benefits as a percentage of the value of construction
work done, 1977-2007 (Private industry)
236 - Construction of Buildings
237 - Heavy and Civil Engineering Construction
238 - Specialty Trade Contractors
Total
% of construction work done
60%
50%
40%
30%
20%
10%
0%
1977
1982
1987
1992
Year
1997
2002
2007
4d. Where construction dollar value goes, 2007
(Payroll establishments: private industry)
Total value = $1.73 trillion
Other (13.3%)
Materials (30.5%)
Rentals (1.4%)
Power & fuel (1.9%)
Fringe benefits (5.3%)
Services (6.7%)
Payroll (19.1%)
Subcontracting (21.7%)