New construction starts moved 5% lower in September to a seasonally adjusted annual rate of $774.1 billion, according to Dodge Data & Analytics. This marks the second consecutive monthly decline in construction starts.
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Commercial and Multifamily Construction Starts Show Varied Pattern
During the first half of 2019, six of the top 10 U.S. metropolitan markets for commercial and multifamily construction starts ranked by dollar volume registered greater activity compared to a year ago, according to Dodge Data & Analytics.
Read MoreOutlook/Forecast 2019
With or Without a Federal Infrastructure Plan, 2019 is Likely to be a Year of Incremental Gains. By Mark S. Kuhar and Josephine Patterson
Read MoreNew Construction Starts Climb 21 Percent; Highways Soar
New construction starts in October climbed 21 percent to a seasonally adjusted annual rate of $864.0 billion, according to Dodge Data & Analytics. The substantial increase followed three straight months of decline, during which the pace of total construction starts fell 22 percent from the exceptionally strong volume reported back in June.
Read MoreSeptember Construction Starts Settle Back 5 Percent
New construction starts in September fell 5 percent from the previous month to a seasonally adjusted annual rate of $709.6 billion, according to Dodge Data & Analytics. The September downturn followed 9 percent declines in both July and August, as the pace of construction starts has now pulled back for the third month in a row after reaching the current year’s high in June.
Read MoreJune Construction Starts Jump 11 Percent
New construction starts in June climbed 11 percent to a seasonally adjusted annual rate of $896.3 billion, according to Dodge Data & Analytics. The increase marked the second double-digit gain in a row, following the 15 percent hike that was reported for May. Highway and bridge construction was up 25 percent.
Read MoreMay Construction Starts Climb; Highways Plummet
At a seasonally adjusted annual rate of $783.6 billion, new construction starts in May advanced 15 percent from April, according to Dodge Data & Analytics. The increase follows a 12 percent decline in April, and shows total construction activity reaching the highest level reported over the past eight months.
Read MoreNew Construction Starts in April Pull Back 13 Percent
The value of new construction starts in April fell 13 percent from the previous month to a seasonally adjusted annual rate of $674.3 billion, according to Dodge Data & Analytics. The decline follows the 11 percent gain reported for March, which was the highest level of construction starts over the preceding six months.
Read MoreMarch Construction Starts Advance 11 Percent
New construction starts in March increased 11 percent from the previous month to a seasonally adjusted annual rate of $785.2 billion, according to Dodge Data & Analytics. The substantial gain followed modest declines in January (down 2 percent) and February (down 3 percent), and brings the pace of total construction starts to the highest level over the past six months.
Read MoreNew Construction Starts in February Recede 3 Percent
At a seasonally adjusted annual rate of $708.1 billion, new construction starts in February slipped 3 percent from the previous month, according to Dodge Data & Analytics. The reduced activity in February followed a 2 percent decline in January, as the early months of 2018 are showing some loss of momentum after the 12 percent increase reported back in December.
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