Skip to main content

Nonresidential building construction (NAICS 236220) industry trends

Sageworks
July 19, 2013
Read Time: 0 min

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.

About the Author

Sageworks

Raleigh, N.C.-based Sageworks, a leading provider of lending, credit risk, and portfolio risk software that enables banks and credit unions to efficiently grow and improve the borrower experience, was founded in 1998. Using its platform, Sageworks analyzed over 11.5 million loans, aggregated the corresponding loan data, and created the largest

Full Bio

About Abrigo

Abrigo enables U.S. financial institutions to support their communities through technology that fights financial crime, grows loans and deposits, and optimizes risk. Abrigo's platform centralizes the institution's data, creates a digital user experience, ensures compliance, and delivers efficiency for scale and profitable growth.

Make Big Things Happen.

 

Looking for Banker’s Toolbox? You are in the Right Place!

Banker’s Toolbox is now Abrigo, giving you a single source for all your enterprise risk management needs. Use the login button here, or the link in the top navigation, to log in to Banker’s Toolbox Community Online.

Make yourself at home!

Looking for MainStreet Technologies? You are in the Right Place!

MainStreet Technologies is now Abrigo, giving you a single source for all your enterprise risk management needs. Use the contact us button here, or the link in the top navigation, to reach product support for your MST products.

Make yourself at home!

Looking for Sageworks? You are in the Right Place!

Sageworks is now Abrigo, giving you a single source for all your enterprise risk management needs. Use the login button here, or the link in the top navigation, to log in to your Sageworks products.

Make yourself at home!

Looking for Farin? You are in the Right Place!

Farin is now Abrigo, giving you a single source for all your enterprise risk management needs. Use the login button here, or the link in the top navigation, to log in to your Farin client portal.

Make yourself at home!

Abrigo acquires construction loan management solutions

Coupled with our lending suite, Construct and +Pay from BankLabs enable end-to-end automated residential/commercial construction loans.

Read the press announcement

BankLabs Logo Abrigo Logo