18th Annual School Construction Report

February 1st, 2013

School districts in the United States spent just under $13 billion on construction projects completed during the 2012 calendar year. Only $6.2 billion of that was spent on new schools, accounting for 47.6 percent of the construction dollars. The balance was split between additions to existing buildings and retrofit and modernization of existing structures. This is the first time in 12 years that spending for new buildings was less than spending on existing ones.

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