1 Table 1. Annual Value of Construction Put in Place in the United States: 1973 - 1977 (Millions of dollars) 0 Type of construction Current dollars Constant (1996) dollars 1973 1974 1975 1976 1977 1973 1974 1975 1976 1977 + Total construction............ 153781 155170 152635 172132 200501 506572 449424 404132 435292 470439 Private construction......... 121433 117038 109342 128153 157418 405815 346260 298555 332773 375319 Residential buildings....... 65085 55967 51581 68273 92004 226131 177074 149410 185804 225518 New housing units.......... 54619 43420 36317 50771 72231 189826 137440 105194 138094 176934 1 unit.................... 35181 29701 29639 43860 62214 122229 93836 85775 119283 152335 2 units or more........... 19438 13720 6679 6910 10017 67597 43604 19419 18811 24599 Improvements............... 10466 12547 15264 17502 19773 36305 39634 44216 47711 48584 Nonresidential buildings.... 37639 39889 35409 34628 38245 122703 113590 96407 90480 92949 Industrial................. 9021 11454 11659 10473 11309 29356 32573 31738 27385 27487 Office..................... 7799 7998 6521 6263 6968 25441 22796 17762 16363 16952 Hotels, motels............. 2537 1844 1220 1028 1084 8284 5274 3324 2685 2642 Other commercial........... 11378 11846 9472 9692 11603 37083 33720 25788 25316 28153 Religious.................. 877 993 941 1040 1144 2860 2826 2560 2714 2780 Educational................ 1075 806 714 785 812 3512 2301 1945 2050 1974 Hospital and institutional 3714 3784 3805 4037 3934 12125 10788 10360 10543 9583 Miscellaneous.............. 1238 1164 1077 1311 1392 4042 3313 2932 3424 3378 Farm nonresidential......... 2525 3249 3731 3971 4431 8240 9256 10155 10375 10774 Public utilities............ 15272 16933 17553 20204 21437 45992 43731 40155 43786 43375 Telecommunications......... 3965 4279 3810 3940 4529 8948 8419 7233 7077 7650 Other public utilities..... 11307 12655 13743 16264 16908 37044 35313 32923 36708 35726 Railroads................. 779 1061 949 1071 1361 2341 2748 2153 2309 2828 Electric light and power.. 8228 8813 9192 10679 12456 27296 24641 21874 24045 26256 Gas....................... 1992 1995 1658 1627 1894 6415 5737 4101 3737 4054 Petroleum pipelines....... 309 785 1944 2887 1197 992 2187 4794 6618 2588 All other private........... 912 1000 1068 1078 1301 2748 2610 2427 2329 2703 Public construction.......... 32348 38132 43293 43980 43083 100757 103164 105577 102518 95120 Buildings................... 12842 14788 15912 15690 14578 42138 42451 43544 41170 35533 Housing and redevelopment.. 941 1006 1356 1263 1478 3266 3179 3930 3445 3642 Industrial................. 454 564 687 672 838 1479 1606 1872 1756 2041 Educational................ 6647 7310 7776 7245 6215 21714 20852 21162 18941 15123 Hospital................... 1001 1238 1749 2085 1921 3266 3528 4759 5449 4688 Other...................... 3799 4670 4345 4427 4127 12413 13286 11821 11577 10041 Highways and streets........ 10505 12065 13147 12371 12460 31149 31012 29010 26203 25983 Military facilities......... 1167 1186 1389 1630 1429 3633 3221 3391 3814 3214 Conservation and development 2311 2741 3261 3868 3966 7092 7229 7574 8514 8230 Sewer systems............... 1954 2682 4175 4704 4269 5991 7103 9724 10356 8859 Water supply facilities..... 1067 1381 1535 1443 1441 3190 3550 3559 3233 3025 Miscellaneous public........ 2503 3290 3874 4274 4939 7564 8597 8774 9229 10276