Total Construction Starts Slide 5% in June

Total construction starts fell 5% in June to a seasonally adjusted annual rate of $932.3 billion, according to Dodge Construction Network. Nonresidential building starts lost 14% during the month and residential was 6% lower. On the contrary, nonbuilding starts gained 13% in June due to the start of several large solar projects. Highway and bridge starts declined 6%. Year-to-date, total…

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Total Construction Starts Increase in May

Total construction starts rose 4% in May to a seasonally adjusted annual rate of $979.5 billion, according to Dodge Construction Network. Nonresidential building starts rose 20%, while residential starts fell by 4% and nonbuilding lost 2% during the month. Highway and bridge starts were up slightly. Year-to-date, total construction was 6% higher in the first five months of 2022 compared…

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Total Construction Starts Inch Higher in April; Highways Down

Total construction starts rose 3% in April to a seasonally adjusted annual rate of $945.8 billion, according to the Dodge Construction Network. Nonresidential building and residential starts rose 6%, and residential starts increased by 4%, while nonbuilding starts fell 4%.  Starts for highway and bridge projects fell 14%. Total construction was 6% higher in the first four months of 2022…

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Total Construction Starts Decline in March

Total construction starts fell 12% in March to a seasonally adjusted annual rate of $903.8 billion, according to Dodge Construction Network. Nonresidential building starts lost 29%, in part due to the start of three large manufacturing facilities in the prior month. When those three large projects are removed, nonresidential starts in March would have risen 10%. Residential starts also fell…

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Total Construction Starts Increase in February; Highways Flat

Total construction starts rose 9% in February to a seasonally adjusted annual rate of $1.013 trillion, according to Dodge Construction Network. Nonresidential building starts swelled 32% due to the start of three large manufacturing facilities. By contrast, residential starts fell 3%, and nonbuilding starts fell by less than 1%. Without the three large manufacturing projects, total construction would have declined…

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Total Construction Starts Increase in January

Total construction starts increased 4% in January to a seasonally adjusted annual rate of $923.4 billion, according to Dodge Construction Network. Regionally, total construction starts in January rose in the Northeast, South Central and West, but fell in the Midwest and South Atlantic. Compared to one year ago, total construction was 8% higher in January 2022 than in January 2021.…

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Total Construction Flat in December; Up for 2021

Total construction starts were flat in December with a seasonally adjusted annual rate of $879.3 billion, according to Dodge Construction Network. Residential construction starts gained 4% in December 2021, while nonresidential building starts improved by 3%. Nonbuilding starts, however, declined 12%.  Across 2021, total construction starts rose by 12% compared to 2020. Residential starts moved 20% higher, and nonresidential buildings…

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Total Construction Falls Sharply in November

Total construction starts fell 14% in November to a seasonally adjusted annual rate of $867.8 billion, according to Dodge Construction Network. Nonbuilding and nonresidential building starts bore the brunt of the decline, falling 30% and 21%, respectively, after seeing sharp increases in October as three large projects broke ground. Residential starts gained a modest 3%. Without October’s large projects, total…

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Construction Starts Rise; Highways Lower

Highway And Bridge Starts Were Both 7% Lower For The Month And For The 12 Months Ending In October 2021. By Mark S. Kuhar Total construction starts rose 16% in October to a seasonally adjusted annual rate of $1.01 trillion, according to Dodge Construction Network.  Nonresidential building starts gained 29% and nonbuilding moved 52% higher in October, while residential starts…

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