1 Table 1. Annual Value of Construction Put in Place in the United States: 1968 - 1972 (Millions of dollars) 0 Type of construction Current dollars Constant (1996) dollars 1968 1969 1970 1971 1972 1968 1969 1970 1971 1972 + Total construction............ 96824 104944 105890 122414 139126 446145 452092 429041 465633 498463 Private construction......... 69386 77151 77982 92715 109096 323080 335399 321940 360011 397677 Residential buildings....... 34172 37214 35863 48514 60693 161347 165261 155113 197987 231139 New housing units.......... 26723 29224 27059 38670 50095 126127 129773 117100 157758 190743 1 unit.................... 19520 19696 17541 25806 32848 92169 87473 75894 105239 125056 2 units or more........... 7203 9528 9518 12864 17247 33958 42300 41206 52519 65687 Improvements............... 7449 7990 8804 9844 10598 35220 35488 38013 40229 40396 Nonresidential buildings.... 23811 27741 28171 29307 32375 112547 121159 115372 110450 114173 Industrial................. 8492 9600 9316 7754 6730 40115 41942 38143 29299 23742 Office..................... 0 0 0 0 6841 0 0 0 0 24126 Hotels, motels............. 1315 1469 1458 1502 2158 6215 6422 5976 5653 7605 Other commercial........... 9104 11066 11560 13819 9813 43023 48306 47338 52005 34601 Religious.................. 1135 1044 988 867 907 5371 4564 4046 3271 3200 Educational................ 1255 1185 1011 1103 1163 5945 5184 4144 4154 4104 Hospital and institutional 1816 2502 2938 3341 3725 8588 10919 12038 12594 13140 Miscellaneous.............. 694 876 899 921 1038 3291 3822 3686 3473 3655 Farm nonresidential......... 1598 1689 1875 1916 1785 7563 7384 7681 7226 6298 Public utilities............ 9232 9766 11127 11985 13301 39157 38602 40305 40950 43012 Telecommunications......... 1704 2203 2968 3005 3301 4987 6177 7594 7608 8111 Other public utilities..... 7528 7563 8159 8981 10001 34171 32424 32711 33342 34900 Railroads................. 762 835 561 538 661 3276 3377 2064 1833 2141 Electric light and power.. 4421 4692 5628 6391 7160 20595 20512 22897 24078 25378 Gas....................... 1988 1803 1686 1627 1897 8735 7560 6640 5900 6426 Petroleum pipelines....... 357 233 284 424 283 1565 975 1110 1532 955 All other private........... 573 741 946 992 941 2466 2993 3469 3397 3055 Public construction.......... 27437 27793 27908 29699 30030 123065 116693 107101 105623 100786 Buildings................... 10271 11065 10473 11223 11351 48605 48481 43150 42684 40281 Housing and redevelopment.. 746 1046 1106 1136 874 3515 4646 4781 4654 3334 Industrial................. 351 358 316 402 389 1662 1568 1292 1516 1372 Educational................ 6061 5867 5619 5561 5718 28701 25669 23016 20968 20155 Hospital................... 698 802 838 982 1007 3305 3506 3438 3700 3559 Other...................... 2415 2991 2594 3142 3363 11422 13093 10623 11846 11861 Highways and streets........ 9321 9251 9982 10657 10429 40184 37419 35819 35639 33469 Military facilities......... 808 877 717 901 1088 3636 3692 2744 3190 3651 Conservation and development 1973 1780 1907 2097 2170 8463 7235 7179 7317 7101 Sewer systems............... 1551 1342 1543 1829 1700 6649 5462 5806 6384 5569 Water supply facilities..... 1514 1336 1093 997 1077 6935 5700 4331 3580 3534 Miscellaneous public........ 1999 2141 2192 1995 2216 8592 8704 8072 6828 7183