{"id":111,"date":"2026-10-16T13:00:00","date_gmt":"2026-10-16T13:00:00","guid":{"rendered":"https:\/\/www.carolstrom.com\/blog\/?p=111"},"modified":"2026-10-16T13:00:00","modified_gmt":"2026-10-16T13:00:00","slug":"u-s-construction-spending-forecast-to-reach-2-85-trillion-by-2031","status":"publish","type":"post","link":"https:\/\/www.carolstrom.com\/blog\/2026\/10\/16\/u-s-construction-spending-forecast-to-reach-2-85-trillion-by-2031\/","title":{"rendered":"U.S. Construction Spending Forecast to Reach $2.85 Trillion by 2031"},"content":{"rendered":"<div class=\"roomvu-news-container\">\n<p>U.S. construction spending is projected to rise to $2.85 trillion by 2031 from $2.22 trillion in 2026. California, Texas, Florida, New York, and New Jersey will account for about 42% of this spending. The New York-Newark-Jersey City area is expected to lead with $230 billion. Data center development will drive growth, with 73% of capacity in 12 metro markets. Spending by 2031 includes $1.026 trillion residential, $741 billion commercial, $684 billion industrial, and $399 billion infrastructure.<\/p>\n<p>\t<a class=\"roomvu-news-continue\" href=\"https:\/\/www.forconstructionpros.com\/business\/industry-trends\/article\/22972750\/merlo-america-us-construction-spending-forecast-to-reach-285-trillion-by-2031\"><\/p>\n<div>Continue to full article<\/div>\n<p>\t<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>U.S. construction spending is projected to rise to $2.85 trillion by 2031 from $2.22 trillion in 2026. California, Texas, Florida, New York, and New Jersey will account for about 42% of this spending. The New York-Newark-Jersey City area is expected to lead with $230 billion. Data center development will drive growth, with 73% of capacity [&hellip;]<\/p>\n","protected":false},"author":81,"featured_media":112,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-111","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-posts"],"_links":{"self":[{"href":"https:\/\/www.carolstrom.com\/blog\/wp-json\/wp\/v2\/posts\/111","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.carolstrom.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.carolstrom.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.carolstrom.com\/blog\/wp-json\/wp\/v2\/users\/81"}],"replies":[{"embeddable":true,"href":"https:\/\/www.carolstrom.com\/blog\/wp-json\/wp\/v2\/comments?post=111"}],"version-history":[{"count":1,"href":"https:\/\/www.carolstrom.com\/blog\/wp-json\/wp\/v2\/posts\/111\/revisions"}],"predecessor-version":[{"id":113,"href":"https:\/\/www.carolstrom.com\/blog\/wp-json\/wp\/v2\/posts\/111\/revisions\/113"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.carolstrom.com\/blog\/wp-json\/wp\/v2\/media\/112"}],"wp:attachment":[{"href":"https:\/\/www.carolstrom.com\/blog\/wp-json\/wp\/v2\/media?parent=111"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.carolstrom.com\/blog\/wp-json\/wp\/v2\/categories?post=111"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.carolstrom.com\/blog\/wp-json\/wp\/v2\/tags?post=111"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}