Study: NC Commercial Construction Spending up 79.0%

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Commercial construction spending reached its highest level in two decades earlier this year.

This recent analysis shows where spending has been surging, and which states could be most vulnerable to even deeper declines.

North Carolina Commercial Construction Spending On the Rise

  • How Much Is North Carolina Investing?: North Carolina spends $18.2 billion annually on commercial construction—$1,678 per capita—representing a five-year increase of 79.0% in total commercial construction investment.
  • Where North Carolina Stands: Overall, North Carolina ranks 18th in per-capita commercial construction spending, and 8th in total commercial construction spending.

As developers, suppliers, and contractors prepare for changes that are likely on the horizon, flexibility will be critical.