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Commercial Building Construction in Utah

Author.Name IBISWorld United States Last Updated: April 2025 NAICS UT23622a

Commercial Building Construction in Utah industry analysis

The Commercial Building Construction industry in Utah is expected to grow an annualized x.x% to $x.x billion over the five years to 2025, while the national industry will likely grow at x.x% during the same period. Industry establishments increased an annualized x% to xxx locations. Industry employment has increased an annualized x.x% to x,xxx workers, while industry wages have increased an annualized x.x% to $x.x million.

Over the five years to 2030, the industry is expected to grow an annualized x.x% to $x.x billion, while the national industry is expected to grow x%. Industry establishments are forecast to grow x.x% to x,xxx locations. Industry employment is expected to increase an annualized x.x% to x,xxx workers, while industry wages are forecast to increase x% to $x.x million.

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About the Commercial Building Construction in Utah Market Research Report

What’s Included in the Commercial Building Construction in Utah Market Research Report

Definition of the Commercial Building Construction in Utah?

This industry includes companies responsible for work on the construction of office, retail, hotel, agricultural and entertainment buildings, including new construction, additions, alterations, maintenance and repairs. Participants are general contractors or project managers. This industry excludes institutional buildings, such as hospitals and schools; heavy industrial buildings, such as factories and power plants; or infrastructure, such as communications towers or oil pipelines.

What’s included in the Commercial Building Construction in Utah?

The Commercial Building Construction in Utah includes office building construction, hotel and motel construction, restaurant, cafe and bar construction, retail store construction, shopping center or shopping mall construction, commercial warehouse construction, service and gas station construction, auto service and sales store construction, entertainment and recreation building construction (e.g. casinos, gyms, cinemas and arenas) and radio and tv broadcast studio construction. Related terms covered in the Commercial Building Construction in Utah industry report includes also called a prime contractor. an individual or company that manages the construction of a structure for a property owner or developer. a gc may retain a labor force or use subcontractors, an enterprise that prepares a real estate site for residential or commercial use. a developer raises capital, gains zoning approvals and hires contractors to design, construct and develop property, the use of computer technology to aid the design and drafting of a part or product using software tools that can create 2d drawings or 3d models and to deliberately reduce the value of an asset to reflect its current market value.

Industry Performance of the Commercial Building Construction industry in Utah

Benchmark the Commercial Building Construction in Utah industry performance with all UT county and national performance.

Commercial Building Construction in Utah

#26 in Highest Revenue 1.4% of state's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

Commercial Building Construction in the US


Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

For the full list of industry drivers, see report purchase options.

Key Drivers of the Commercial Building Construction industry in Utah

See how key industry drivers, such as population, unemployment rate, house price index, value of private nonresidential construction, office rental vacancy and corporate profit are impacting Commercial Building Construction in Utah

Utah Economic Indicators

Population
Unemployment Rate
House Price Index

View more economic information in UT State Economic profile

US Key External Drivers

Value of private nonresidential construction
Office rental vacancy
Corporate profit

For the full list of industry drivers, see report purchase options.

County Data of the Commercial Building Construction industry in Utah

Access proprietary data on county in the Commercial Building Construction in Utah, such as Salt Lake County, Utah County and Davis County. Data includes figures on revenue, establishments, employees and wages by counties.

Key Statistics of the Commercial Building Construction industry in Utah

Download 18 years of historical data and 5 years of projected performance.

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Top Questions Answered in this Report

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What is the market size of the Commercial Building Construction industry in Utah in 2025?

The market size of the Commercial Building Construction industry in Utah is $4.2bn in 2025.

How many businesses are there in the Commercial Building Construction industry in Utah in 2025?

There are 933 businesses in the Commercial Building Construction industry in Utah, which has been growing at an average annual rate of 3.0% from 2020 to 2025.

Has the Commercial Building Construction industry in Utah grown or declined over the past 5 years?

The market size of the Commercial Building Construction industry in Utah has been growing at an average annual rate of 0.8% from 2020 to 2025.

How many employees in the Commercial Building Construction industry in Utah in 2025?

There are 4,374 employees in the Commercial Building Construction industry in Utah, which has been growing at an average annual rate of 5.1% from 2020 to 2025.