At a seasonally adjusted annual rate of $650.5 billion, new construction starts in November dropped 12 percent from October, according to Dodge Data & Analytics. Nonresidential building fell 14 percent in November, retreating for the second month in a row after the sharp improvement reported in late summer. The nonbuilding construction sector, which can be volatile on a month-to-month basis,…
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October Construction Starts Fall 9 Percent
New construction starts in October dropped 9 percent to a seasonally adjusted annual rate of $742.9 billion, pulling back after a 14 percent jump in September, according to Dodge Data & Analytics. Over the past two months the pattern for total construction starts was shaped by nonresidential building, which fell 30 percent in October after soaring 37 percent in September,…
Read MoreConstruction Starts: Three Consecutive Quarters of Positive Growth
ConstructConnect, a leading provider of construction information and technology solutions in North America, released its Q4 2017 Forecast Quarterly Report. The Winter 2017-18 starts forecast includes year-over-year estimates for 2017 that have become more upbeat than a quarter ago. Groundbreakings on several mega-projects late this year have provided exceptional lift to the industrial and engineering type-of-structure categories.
Read MoreNew Construction Starts Jump 14 Percent in September
The value of new construction starts in September soared 14 percent from the previous month to a seasonally adjusted annual rate of $814.8 billion, according to Dodge Data & Analytics.
Read MoreNew Construction Starts in August Recede 2 Percent
At a seasonally adjusted annual rate of $711.6 billion, new construction starts in August slipped 2 percent from July, according to Dodge Data & Analytics. The decline followed July’s 6 percent increase, yet still kept total construction activity 5 percent above the relatively subdued pace reported during the second quarter.
Read MoreJuly Construction Starts Increase 6 Percent
The value of new construction starts in July advanced 6 percent from the previous month to a seasonally adjusted annual rate of $728.1 billion, it was reported by Dodge Data & Analytics. Leading the way was a 26 percent jump by the nonbuilding construction sector, which reflected an improved level for public works and the start of two massive power…
Read MoreJune Construction Starts Climb 4 Percent
New construction starts in June grew 4 percent from the previous month to a seasonally adjusted annual rate of $679.9 billion, according to Dodge Data & Analytics. Nonresidential building increased 13 percent in June, strengthening after two months of lackluster activity, and the nonbuilding construction sector rose 8 percent with the help of elevated activity for electric utilities. However, residential…
Read MoreApril Construction Starts Retreat 13 Percent
Nonbuilding Construction Takes a Huge Tumble; Highways Down 10 Percent. By Mark S. Kuhar
Read MoreNew Construction Starts in May Edge Up 1 Percent
At a seasonally adjusted annual rate of $651.2 billion, new construction starts in May increased a slight 1 percent from April, according to Dodge Data & Analytics. Public works construction bounced back 30 percent from its subdued April amount, helped by the May start of four large pipeline projects totaling a combined $3.0 billion. This enabled the nonbuilding construction sector…
Read MoreMarch Construction Starts Climb 5 Percent
Public Works Lifted by Two Large Pipeline Projects; Highways Inch Higher Building on Last Month’s Huge Gain. By Mark S. Kuhar
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