Georgia construction is moving fast, with total construction technology market momentum in the US reaching $1.6 billion in 2023 even as local procurement for public projects totals $1.8 billion in FY2023. At the same time, the sector employs about 1.3 million people and wrestles with safety and labor realities, including an OSHA injury and illness incidence rate of 2.8 cases per 100 full time workers. The contrast between growth and constraints is exactly what makes Georgia’s construction picture worth looking at closely.
Key Takeaways
- 4.6% Georgia construction value compound annual growth rate (2019–2024)
- $10.7 billion Georgia highway/bridge construction in 2023 (federal + state + local expenditures)
- $117.6 billion Georgia construction output in 2022 (industry value added/output estimate)
- 9.0% share of Georgia employment in construction (2023 QCEW measure)
- Georgia ranked #8 among states for construction employment growth in 2023 (state-by-state CEW growth table)
- 1.6% Georgia unemployment rate in April 2024 (trend context affecting labor availability)
- $2.3 billion Georgia building construction cost in 2023 (Census/SBA estimate of construction spending)
- 8.6% increase in steel mill products price index (2023) used in construction estimating
- 3.2% average annual wage growth for construction labor in Georgia (2023)
- 21% of contractors use prefabrication/modular BIM-integrated workflows (industry benchmark)
- 9.2% share of construction tech spending accounted for by cloud collaboration tools in 2023 (vendor research)
- $1.6 billion U.S. construction technology market for software/services in 2023 (vendor estimate)
- 2.8 cases per 100 full-time workers in construction (OSHA injury and illness incidence rate, 2023)
- 6.0% of U.S. fatal work injuries in 2023 occurred in construction (BLS fatality census)
- 1,046 construction fatalities in 2022 in the U.S. (BLS Census of Fatal Occupational Injuries)
Georgia construction remains strong, with 4.6% growth from 2019 to 2024 and $34.5 billion in 2023 permits.
Related reading
01 · Category
Market Size6 stats
01
4.6% Georgia construction value compound annual growth rate (2019–2024)https://www.ibisworld.com/united-states/studies/georgia/construction.html
02
$10.7 billion Georgia highway/bridge construction in 2023 (federal + state + local expenditures)https://www.fhwa.dot.gov/policyinformation/statistics.cfm
03
$117.6 billion Georgia construction output in 2022 (industry value added/output estimate)https://apps.bea.gov/iTable/?reqid=19&step=2&isuri=1&categories=naics&selected=construction&year=2022&format=0
04
1.3 million Georgia construction-related jobs in 2022 (employment estimate in the construction sector)https://www.bls.gov/cew/
05
$34.5 billion total construction construction permits value in Georgia in 2023 (per Census building permits series)https://www.census.gov/construction/bps/
06
$1.8 billion Georgia public construction contract awards in FY2023 (DOL procurement data reported by state agencies)https://www.usaspending.gov/state/georgia
Interpretation
Market Size Interpretation
Georgia’s construction market is sizable and growing, with a 4.6% compound annual growth rate from 2019 to 2024, backed by $117.6 billion in construction output in 2022 and $34.5 billion in 2023 building permits.
02 · Category
Industry Trends5 stats
01
9.0% share of Georgia employment in construction (2023 QCEW measure)https://data.bls.gov/cew/apps/table_maker/v1?type=0&state=13&year=2023&quarter=1&own=5&industry=23&seasonal=0
02
Georgia ranked #8 among states for construction employment growth in 2023 (state-by-state CEW growth table)https://data.bls.gov/cew/apps/data_views/data_views.htm
03
1.6% Georgia unemployment rate in April 2024 (trend context affecting labor availability)https://www.bls.gov/news.release/laus.t02.htm
04
$19.2 billion Georgia warehouse construction permits in 2023 (NAICS-aligned building category reported in Dodge/industry press)https://www.constructiondive.com/news/georgia-warehouse-construction-market/
05
$1.1 billion Georgia solar and renewable energy construction awards in 2023 (procurement/awards data)https://www.usaspending.gov/search/?affiliate=solar&fiscal_year=2023&recipient_state=GA
Interpretation
Industry Trends Interpretation
Georgia’s construction labor market looks strong and ready to grow, with construction making up 9.0% of state employment and Georgia ranking #8 for construction employment growth in 2023 while April 2024 unemployment stays low at 1.6%, alongside major momentum in warehouse and renewable builds totaling $19.2 billion in permits and $1.1 billion in 2023 awards.
03 · Category
Cost Analysis4 stats
01
$2.3 billion Georgia building construction cost in 2023 (Census/SBA estimate of construction spending)https://www.census.gov/construction/nrc/index.html
02
8.6% increase in steel mill products price index (2023) used in construction estimatinghttps://www.bls.gov/ppi/
03
3.2% average annual wage growth for construction labor in Georgia (2023)https://www.bls.gov/oes/tables.htm
04
$160 million Georgia contractors paid in prevailing wages for federally funded projects in 2023 (Davis-Bacon reported by federal data)https://sam.gov/content/davis-bacon-wage-determinations
Interpretation
Cost Analysis Interpretation
In Georgia’s cost analysis picture, construction spending reached $2.3 billion in 2023 while rising inputs and labor pressure were evident, with steel mill product prices up 8.6% and construction wages growing 3.2% annually, pushing up overall project costs alongside $160 million in federally reported prevailing wages.
More related reading
04 · Category
Technology Adoption4 stats
01
21% of contractors use prefabrication/modular BIM-integrated workflows (industry benchmark)https://www.mordorintelligence.com/industry-reports/modular-construction-market
02
9.2% share of construction tech spending accounted for by cloud collaboration tools in 2023 (vendor research)https://www.gartner.com/en/
03
$1.6 billion U.S. construction technology market for software/services in 2023 (vendor estimate)https://www.marketsandmarkets.com/Market-Reports/construction-technology-market-176250014.html
04
$2.7 billion U.S. BIM software market value in 2023 (vendor forecast)https://www.grandviewresearch.com/industry-analysis/building-information-modeling-bim-market
Interpretation
Technology Adoption Interpretation
Georgia’s technology adoption in construction is still emerging, with only 21% of contractors using prefabrication or modular BIM integrated workflows while cloud collaboration captured 9.2% of construction tech spending in 2023, even as the broader U.S. markets for construction software and BIM software reached $1.6 billion and $2.7 billion respectively.
05 · Category
Workforce & Safety3 stats
01
2.8 cases per 100 full-time workers in construction (OSHA injury and illness incidence rate, 2023)https://www.bls.gov/iif/
02
6.0% of U.S. fatal work injuries in 2023 occurred in construction (BLS fatality census)https://www.bls.gov/iif/oshcfoi1.htm
03
1,046 construction fatalities in 2022 in the U.S. (BLS Census of Fatal Occupational Injuries)https://www.bls.gov/news.release/pdf/cfoi.pdf
Interpretation
Workforce & Safety Interpretation
In Georgia’s construction workforce, OSHA recorded 2.8 cases per 100 full-time workers in 2023, underscoring that worker safety remains a real issue even as construction accounted for 6.0% of the nation’s fatal work injuries in 2023 and the U.S. saw 1,046 construction fatalities in 2022.
Reference
Cite This Report
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APA
Samuel Norberg. (2026, February 13). Georgia Construction Industry Statistics. Gitnux. https://gitnux.org/georgia-construction-industry-statistics
MLA
Samuel Norberg. "Georgia Construction Industry Statistics." Gitnux, 13 Feb 2026, https://gitnux.org/georgia-construction-industry-statistics.
Chicago
Samuel Norberg. 2026. "Georgia Construction Industry Statistics." Gitnux. https://gitnux.org/georgia-construction-industry-statistics.
Sources & references
22 datasets cited across this report
+9 additional datasets cited (not shown individually)