U.S. Housing Market Conditions, Second Quarter 2001: Historical Data, Table 19

Historical Data

Table 19. Expenditures for Existing Residential Properties: 1968-Present

Period	Total Expenditures	Maintenance and Repairs ¹	Improvements
			Total	Additions and Alterations ²				Major Replacements ⁵
			Total	Total	Additions ³	Improvements ⁴	To Property Outside the Structure	Major Replacements ⁵
Annual Data (Millions of Dollars)
1968	12,703	5,186	7,517	5,314	1,261	3,077	976	2,202
1969	13,535	5,479	8,055	5,885	1,094	3,409	1,382	2,170
1970	14,770	5,895	8,875	6,246	1,411	3,539	1,296	2,629
1971	16,299	6,361	9,939	6,818	1,685	3,699	1,433	3,120
1972	17,498	6,717	10,781	7,526	1,378	4,447	1,701	3,255
1973	18,512	7,924	10,588	7,386	1,360	4,694	1,332	3,202
1974	21,114	8,491	12,622	8,060	1,529	4,836	1,695	4,563
1975	25,239	9,758	15,481	10,997	1,971	6,844	2,182	4,484
1976	29,034	11,379	17,665	12,314	3,493	6,367	2,454	5,341
1977	31,280	11,344	19,936	14,237	2,655	8,505	3,077	5,699
1978	37,461	12,909	24,552	16,458	3,713	8,443	4,302	8,094
1979	42,231	14,950	27,281	18,285	3,280	9,642	5,363	8,996
1980	46,338	15,187	31,151	21,336	4,183	11,193	5,960	9,816
1981	46,351	16,022	30,329	20,414	3,164	11,947	5,303	9,915
1982	45,291	16,810	28,481	18,774	2,641	10,711	5,423	9,707
1983	49,295	18,128	31,167	20,271	4,739	11,673	3,859	10,895
1984	70,597	29,307	41,291	28,023	6,044	14,604	7,375	13,268
1985	82,127	36,349	45,778	29,259	4,027	17,922	7,309	16,519
1986	94,329	37,394	56,936	39,616	7,552	21,774	10,292	17,319
1987	98,413	40,227	58,186	41,484	9,893	22,503	9,088	16,701
1988	106,864	43,580	63,284	45,371	11,868	23,789	9,715	17,912
1989	108,054	46,089	61,966	42,176	7,191	24,593	10,391	19,788
1990	115,432	55,800	59,629	39,929	9,160	23,510	7,261	19,700
1991	107,692	55,505	52,187	33,662	8,609	17,486	7,567	18,526
1992	115,569	50,821	64,748	44,041	7,401	24,870	11,771	20,705
1993	121,899	45,785	76,114	53,512	16,381	27,657	9,472	22,604
1994	130,625	47,185	83,439	56,835	12,906	30,395	13,534	26,606
1995	124,971	47,032	77,940	51,011	11,197	29,288	10,526	26,928
1996	131,362	40,108	91,253	64,513	17,388	32,889	14,235	26,738
1997	133,577	41,145	92,432	65,222	14,575	37,126	13,523	27,210
1998	133,693	41,980	91,712	62,971	11,897	38,787	12,287	28,741
1999	142,900	42,352	100,549	72,056	16,164	42,058	13,833	28,493
2000	152,975	42,236	110,739	77,979	18,189	40,384	19,407	32,760
Quarterly Data (Seasonally Adjusted Annual Rates)
1999
4th Quarter	165,200	44,400	120,800	86,900	NA	NA	NA	33,900

2000
1st Quarter	157,000	47,200	109,700	74,500	NA	NA	NA	35,200
2nd Quarter	148,000	43,300	104,600	67,800	NA	NA	NA	36,800
3rd Quarter	150,800	42,000	108,900	83,800	NA	NA	NA	25,100
4th Quarter	160,300	39,200	121,100	84,800	NA	NA	NA	36,300

1 Maintenance and repairs are incidental costs that keep a property in ordinary working condition.

2 Additions and alterations to property outside the structure include walks, driveways, walls, fences, pools, garages, sheds, etc.

3 Additions refer to actual enlargements of the structure.

4 Alterations refer to changes or improvements made within or on the structure.

5 Major replacements are relatively expensive and are not considered repairs and include furnaces, boilers, roof replacement, central air conditioning,
etc.

Source: Bureau of the Census, Department of Commerce

http://www.census.gov/pub/const/c50_curr.txt

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