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…

Read More

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…

Read More

Total Construction Starts Decline in August

Highway Starts were Lower for the Month, But Up for the Year. By Mark S. Kuhar Total construction starts fell 9% in August to a seasonally adjusted annual rate of $782.8 billion, according to Dodge Data & Analytics. All three sectors lost ground during the month: nonbuilding starts were down 2%, residential starts were 9% lower, and nonresidential building starts…

Read More

Mid-Year Data Indicates a Strong Recovery

The Construction Industry Is Trending Upwards With An Economic Forecast That Looks Optimistic. By Mark S. Kuhar The construction sector faces unique challenges as recession turns to recovery, according to Dodge Data and Analytics’ Mid-Year Report. Economic growth is surging thanks to the growing number of vaccinated Americans and substantial federal stimulus. This surge will continue into 2022 as consumers…

Read More

Total Construction Starts Slip in June

Higher Materials Prices Take A Toll, Highways Down. By Mark S. Kuhar Total construction starts lost 7% in June, slipping to a seasonally adjusted annual rate of $863.6 billion, according to Dodge Data & Analytics. All three major sectors (residential, nonresidential building, and nonbuilding) pulled back during the month. Single-family housing starts are feeling the detrimental effects of rising materials…

Read More

Total Construction Falls in May as Housing Stumbles

Single-Family Construction Feeling Brunt Of Higher Material Prices; Highways Surge Higher. By Mark S. Kuhar Total construction starts dropped 1% in May to a seasonally adjusted annual rate of $902.8 billion, according to Dodge Data & Analytics. The brunt of the decline was borne by residential starts, while nonresidential and nonbuilding starts continued their recovery from the COVID-19 pandemic.  “The…

Read More
1 2 3 11