Nonresidential building construction (NAICS 236220) industry trends
The nonresidential building construction industry includes firms providing construction services for industrial and commercial buildings. Industrial buildings include assembly plants, paper or pulp mills, pharmaceutical manufacturing plants, steel mills, food processing plants and waste disposal plants. Commercial buildings include airport buildings, parking garages, farm buildings, fire stations, warehouses, religious buildings, hospitals and schools. General contractors, building for-sale builders, building design-build firms and building construction management firms comprise this industry. These contractors and firms provide services such as new work, additions, alterations, maintenance and repairs for nonresidential buildings.
The Census Bureau’s most recent data indicates that there are approximately 103,393 firms within this industry.
According to Sageworks’ industry data, the industry’s net profit margin during the last 12 months was 2.52 percent. During this time, the average gross profit margin was 15.72 percent.
The graph below shows business statistics for the average company in the nonresidential building construction industry.