School construction remains high, but not as high as it has been over the last eight years. Projections for the future (projects expected to be completed and/or started in 2009) show a significant decline. Capital budgets may be in place, but the economic hard times and forced cuts in many local school programs are having an effect on construction planning. How much, and to some extent where and why, is the focus of this report. The report provides an overview of national statistics on school construction completed in 2008, school construction currently underway, and projections for 2009. Additionally, figures are given for each of the 12 regions of the United States. The figures show the total amount of construction activity by year and how that money was spent, on new schools, additions or renovations. They also show by year what percentage of money in each region goes into elementary schools, middle schools, high schools and district projects. Finally, for new schools only the median cost per square foot, cost per student and square foot per student for elementary schools, middle schools and high schools in each region are shown. [For the 2008 report, see ED565273.]