Target Industry: Construction

Often overlooked, Construction adds a great deal to local economies. How much do you know about?

Industry Definition for Construction

Construction is one of twenty sectors that comprise the US economy. This industry report is primarily concerned with the construction of building or engineering projects. This sector also includes establishments which are engaged in the preparation of sites for new construction and the subdivision of land.

Inputs for the construction process are purchased from domestic (and in some cases, international) suppliers. Key suppliers include other construction operators in this sector, manufacturers and wholesale trade operators. Markets for goods produced by this sector include residential, non-residential and engineering avenues. Activities excluded from this sector include the installation and ongoing repair and maintenance of telecommunications and networks.

NAICS Definition: The construction sector comprises establishments primarily engaged in the construction of buildings or engineering projects (e.g., highways and utility systems). Establishments primarily engaged in the preparation of sites for new construction and establishments primarily engaged in subdividing land for sale as building sites are also included in this sector.

Activities (Products and Services) for Construction

The primary activities of firms in this industry are:

Construction of buildings
Heavy and civil engineering
Specialty trade contractors

The major products and services in this industry are:

Construction of buildings
Specialty trade contractors
Heavy and civil engineering