35th Annual Official Education Construction Report
May 1, 2009 12:00 PM, By Joe Agron (jagron@asumag.com)
Spending on construction by the nation's education institutions increased in 2008.
Spending on construction by the nation's education institutions increased in 2008, reversing four years of declines in total annual expenditures, according to American School & University's 35
One of the reasons for the increase in spending was the fact that the majority of the construction projects were started prior to the escalation of the economic crisis and were locked in to higher prices for materials and labor, among other things. Total spending on new, addition and modernization construction by school districts and higher-education institutions increased to $43.3 billion in 2008 from $32.9 billion the year before.
Spending by school districts increased to $25.5 billion in 2008 from $20.3 billion in 2007. New construction spending by K-12 institutions grew 18 percent and addition/modernization spending jumped 46 percent. Colleges and universities spent $17.8 billion on construction in 2008, up from $12.7 billion the year before. Expenditures grew 35 percent for new construction and 48 percent for additions and modernizations.
The following pages contain the authoritative source for education construction data, detailing spending by type of institution; projected spending through 2011; per-square-foot and per-student costs; and much more. In addition, data on the impact of green and security on education construction is included, providing you with insight as you plan future construction projects.
Data from the 35th Annual Official Education Construction Report
- Methodology
- Education construction completed in 2008
- Education construction projected to be completed in 2009-2011
- New school costs
- New college building data
- School construction trends – 10 years of activity
- School Data
- College Data
- Total education construction activity – 10 years of activity
- College construction trends – 10 years of activity
- Construction Insight: School Districts
- Construction Insight: Colleges
- How school construction dollars are divided
- School enrollment and construction comparison
- Carpeting and air conditioning usage
- Education construction: The past 35 years
The Trusted Source
As the bellwether report documenting education construction activity for the past 35 years, American School & University's Official Education Construction Report is regularly referenced by local, state and federal agencies, as well as the nation's leading news organizations. AS&U actually started compiling data on school and university construction in 1950 for the 1949 year. After a decade or so of yearly surveys, data began being compiled sporadically until industry demand prompted AS&U to start collecting data annually again. The annual reports resurfaced in 1975 with information on education construction completed in 1974, and data has been collected and published every year since. American School & University is the only authorized source of this education construction information.
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