Large Projects Fuel Gains Across Most Broad Sectors; Highway And Bridge Starts Move Up 13%. By Mark S. Kuhar
Read MoreConstruction Starts Post Solid Gain in August
Tag: nonbuilding construction
Construction Starts Lose Ground in July; Highways Up
Year-To-Date Through Seven Months, Starts Were 15% Down From The Same Period In 2019. By Mark S. Kuhar
Read MoreConstruction Starts Decline in March
Total construction starts declined 5% from February to March to a seasonally adjusted annual rate of $746.9 billion, according to Dodge Data & Analytics. Volatility caused by the presence or absence of large projects in healthcare and the utility/gas plant category, however, skewed the analysis. In March, nonresidential building starts fell 9% from February (seasonally adjusted), while residential building dropped 11%. Nonbuilding construction starts, however, rose 14% during…
Read MoreOctober Construction Starts Fall 11%; Highways Up
New construction starts declined 11% in October to a seasonally adjusted annual rate of $696.3 billion, according to Dodge Data & Analytics. This is the third consecutive monthly drop in construction starts activity.
Read MoreJune Construction Starts Climb 9%
New construction starts in June advanced 9% from the previous month to a seasonally adjusted annual rate of $832.7 billion, according to Dodge Data & Analytics. The increase followed the 10% gain reported for May, as total construction starts continued to strengthen following April’s subdued performance.
Read MoreJanuary Construction Starts Rise 2 Percent
The value of new construction starts in January advanced 2 percent compared to December, reaching a seasonally adjusted annual rate of $722.5 billion, according to Dodge Data & Analytics. The slight gain followed the loss of momentum that was reported towards the end of 2018, with total construction declines of 7 percent in November and 10 percent in December.
Read MoreNew Construction Starts
At a seasonally adjusted annual rate of $789.3 billion, new construction starts in November decreased 7 percent from October’s elevated amount, according to Dodge Data & Analytics. Most of the total construction decline in the latest month was the result of nonresidential building pulling back 15 percent after its 43 percent surge in October.
Read MoreNew Construction Starts in November Slip 7 Percent
At a seasonally adjusted annual rate of $789.3 billion, new construction starts in November decreased 7 percent from October’s elevated amount, according to Dodge Data & Analytics. Most of the total construction decline in the latest month was the result of nonresidential building pulling back 15 percent after its 43 percent surge in October.
Read MoreDodge Releases 2019 Construction Outlook
Dodge Data & Analytics released its 2019 Dodge Construction Outlook, a mainstay in construction industry forecasting and business planning. The report predicts that total U.S. construction starts for 2019 will be $808 billion, staying essentially even with the $807 billion estimated for 2018.
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.
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