Non-residential capital and repair expenditures, 2021 (revised), 2022 (preliminary) and 2023 (intentions)

Businesses and governments are expected to invest $319.9 billion in non-residential construction and machinery and equipment in 2023, a 4.3% increase from 2022. This follows two years of double-digit annual growth (+11.7% in 2022 and +10.3% in 2021).

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