How Many General Contractors Are There In The US?

by | Last updated on January 24, 2024

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There are

over 36,310 General Contractors

currently employed in the United States. 9.9% of all General Contractors are women, while 86.2% are men.

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How many construction contractors are there in the US?

The US construction industry at a glance

In 2019, the US construction industry was worth $1.3 trillion. As of 2020, the construction industry has 680,000+ employers and

7 million

employees

2

— this is a decrease from 2018, where there were 11.2 million construction employees.

How many construction companies are in the US 2020?

Year Value Feb 1, 2017 3,195,566 Feb 1, 2018 3,339,896 Feb 1, 2019 3,499,625 Feb 1, 2020

3,573,069

Who is the largest general contractor in the US?

Hands down,

Bechtel

is the largest general contractor in the United States, employing over 55,000 employees.

How many specialty contractors are there in the US?

The US specialty contracting industry includes

about 460,000 establishments

(single-location firms and units of multi-location firms) with combined annual revenue of about $875 billion.

How many remodeling contractors are there in the US?

There are

482,573 Remodeling businesses

in the US as of 2021, an increase of 3.7% from 2020. Has the number of Remodeling businesses in the US grown or declined over the past 5 years?

Who is the biggest construction company in the world?

  • ACS Actividades de Construcción y Servicios S.A. Location: Madrid, Spain. …
  • Hochtief Aktiengesellschaft. …
  • VINCI. …
  • China Communications Construction Group Ltd. …
  • Bouygues. …
  • Strabag. …
  • Power Construction Corp. …
  • China State Construction Engineering Corp.

What percentage of the population works in construction?

With around 131.39 million full-time employed individuals in the US as of November 2019, it’s fair to say that the US construction market plays a major role in the country’s overall economy; almost

8%

of the entire full-time working population is in the building sector.

How much is gray construction worth?

Estimated Revenue & Financials

Gray Construction’s estimated annual revenue is currently

$484.6M per year

.

Which US city has the most construction?

  • Houston – 12,510.
  • Dallas – 12,120.
  • New York – 11,510.
  • Los Angeles – 10,620.
  • Chicago – 9,540.
  • Denver – 7,100.
  • Miami – 6,990.
  • Washington, D.C. – 6,350.

What are the 3 types of construction?

Broadly, there are three sectors of construction:

buildings, infrastructure and industrial

: Building construction is usually further divided into residential and non-residential.

What percentage of the US economy is construction?

U.S. construction spending as a percentage of GDP 2008-2017

The statistic represents the estimated value of construction spending in the United States between 2008 and 2017 as a percentage of U.S. GDP. In 2017, the construction spending to GDP ratio stood at around

6.36 percent

.

What state has the most construction?

By far,

California

has the largest share of the pie, with the most projects in number — 1,302 — and value — $524.6 billion. California also has more megaprojects than any other state, with the top 10 worth $139.5 billion. There is one caveat, however.

What Naics 238?

238 –

Specialty Trade Contractors

.

How many roofing companies are there in the US?

There are

108,069 Roofing Contractors businesses

in the US as of 2021, an increase of 1.6% from 2020. Has the number of Roofing Contractors businesses in the US grown or declined over the past 5 years?

How big is the remodel industry?

The market size, measured by revenue, of the Remodeling industry is

$111.5bn in 2021

.

How big is the home renovation industry?

U.S. home remodeling industry revenue was recorded at

over USD 340 billion in 2020

and will grow at a CAGR of more than 4.1%.

What is a tier one contractor?

Tier 1. Tier one contractors are generally seen as

the most time-served and financially secure companies trading

. They tend to take on more commercial and larger industrial projects – typically of a large price.

Who is the richest contractor in the world?

RANK 2018 RANK 2017 FIRM 1 1

CHINA STATE CONSTRUCTION ENGINEERING CORP. LTD.

, Beijing, China

Who is the richest construction company?

  1. Bechtel. Bechtel 2019 Total Revenue: $21.8 billion. …
  2. The Turner Corporation. The Turner Corp. …
  3. AECOM. AECOM 2019 Total Revenue: $11.1 billion. …
  4. The Whiting-Turner Contracting Company. …
  5. Kiewit Corporation. …
  6. McDermott International. …
  7. StructureTone (formerly STO Building Group Incorporated) …
  8. Skanska USA.

What race are most construction workers?

The most common ethnicity of Construction Workers is

White

(58.7%), followed by Hispanic or Latino (24.5%) and Black or African American (10.7%). The majority of Construction Workers are located in NY, New York and TX, Houston.

Who owns GREY construction?

President & Chief Executive Officer, Gray, Inc. President & Chief Executive Officer, Gray, Inc.

Stephen Gray

, the youngest of the Gray brothers currently involved in managing the family-owned company, has been with Gray on a full-time basis since 1990.

What is the best state to be a contractor?


New Hampshire

is the best state in the country for Construction Worker jobs, and Connecticut has the second-highest median salary in the country.

What state has the most construction work 2021?

  • California. California’s size and rapid expansion makes it the ideal place for the construction industry. …
  • Illinois. Illinois is another state that has long fostered construction project growth. …
  • Washington. …
  • Florida. …
  • Maine. …
  • New York.

Where is construction Booming?

In 2021, it looks like the states that are seeing the majority growth are

Texas, Florida, Georgia, Arizona, Washington, and Nevada

. These are the states that are most likely to see residential developments, because they are the states that are going to require them. The fastest-growing cities are still in Texas.

What is the largest construction project in the world?

Stretching more than 21 square miles,

Dubai’s Al Maktoum International Airport

is the largest construction project in the world. Upon its completion, the airport will handle 200 wide-body aircraft at a time. The airport’s second expansion phase alone has an estimated cost of more than $32 billion.

What is America’s biggest industry?

Rank Industry GDP value added (in $ billions), 2011 1

Real estate, renting, leasing

1,898
2 State and Local Government 1,336 3 Finance and insurance 1,159 4 Health/social care 1,136

How big of an industry is construction?

Construction is a major contributor to the U.S. economy. The industry has

more than 733,000 employers with over 7 million employees

and creates nearly $1.4 trillion worth of structures each year.

Is construction part of GDP?

In 2015 and 2016, construction investment was

6.2 percent of GDP

. … The Bureau of Economic Analysis (BEA) produces estimates of the value added by private construction to national and state GDP.

What are the 5 main areas of construction?

In addition to the 5 types of building construction, there are different types of construction projects. These include

residential building construction, industrial construction, commercial building construction, and heavy civil construction

.

What are the five construction types?

Buildings can be categorized into five different types of construction:

fire-resistive, non-combustible, ordinary, heavy timber, and wood-framed

.

Which of the following trades is considered a specialty contractor?

The Specialty Trade Contractors subsector comprises establishments whose primary activity is performing specific activities (e.g., pouring concrete, site preparation, plumbing, painting, and electrical work) involved

in building construction

or other activities that are similar for all types of construction, but that …

What is considered a specialty contractor?

(a) A specialty contractor is a contractor whose operations as such are

the performance of construction work requiring special skill and whose principal contracting business involves the use of specialized building trades or crafts

.

What is special trade contractors NEC?

Special trade contractors primarily

engaged in construction work

, not elsewhere classified, such as construction of swimming pools and fences, erection and installation of ornamental metal work, house moving, shoring work, waterproofing, dampproofing, fireproofing, sandblasting, and steam cleaning of building exteriors …

Ahmed Ali
Author
Ahmed Ali
Ahmed Ali is a financial analyst with over 15 years of experience in the finance industry. He has worked for major banks and investment firms, and has a wealth of knowledge on investing, real estate, and tax planning. Ahmed is also an advocate for financial literacy and education.