The value of new construction starts in April dropped 13 percent from the previous month to a seasonally adjusted annual rate of $647.8 billion, according to Dodge Data & Analytics. The decline followed three straight months of gains, which saw total construction activity rising 20 percent from the lackluster amount reported back in December. Highway and bridge construction in April…
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February Construction Starts Advance 2 Percent
Highway And Bridge Construction In February Surge 38 Percent After Four Months Of Decline. By Mark S. Kuhar
Read MoreMarch Construction Starts Climb 5 Percent
New construction starts in March increased 5 percent to a seasonally adjusted annual rate of $743.7 billion, marking the third straight monthly gain, according to Dodge Data & Analytics. The total construction growth in March was led by the nonbuilding construction sector, and particularly by public works, which featured the start of two large pipeline projects – the $4.2 billion…
Read MoreFebruary Construction Starts Advance; Highways Surge
At a seasonally adjusted annual rate of $706.4 billion, new construction starts in February rose 2 percent from the previous month, according to Dodge Data & Analytics. This was the second straight monthly increase, following a 15 percent hike in January, as construction starts regained the upward track following four consecutive monthly declines to close out 2016.
Read MoreJanuary Construction Starts Jump; Highways Down
The value of new construction starts in January climbed 12 percent to a seasonally adjusted annual rate of $690.2 billion, according to Dodge Data & Analytics. After losing momentum during last year’s fourth quarter, nonresidential building strengthened in January, with much of the lift coming from the start of the $3.4 billion Central Terminal Building at LaGuardia Airport in New…
Read MoreNew Construction Starts in December Slide 5 Percent
Highways Also Down; Annual Construction Finishes Year Up 1 Percent to $676.5 Billion. By Mark S. Kuhar
Read MoreConstruction Starts in 2016 Advance Only 1 Percent
For all of 2016, total construction starts advanced 1 percent to $676.5 billion, a considerably smaller gain than the 11 percent increase reported for 2015, according to Dodge Data & Analytics. If the volatile manufacturing plant and electric utility/gas plant categories are excluded, total construction starts in 2016 would be up 4 percent, depicting a more gradual deceleration relative to…
Read MoreNew Construction Starts in December Slide 5 Percent
New construction starts in December slipped 5 percent to a seasonally adjusted annual rate of $613.0 billion, according to Dodge Data & Analytics. The latest month’s decline for total construction was due to sharply reduced activity for the nonbuilding construction sector, reflecting further erosion by public works as well as a steep plunge by the electric utility/gas plant category. At…
Read MoreNew Construction Starts in November Slip 6 Percent
Nonbuilding Construction Descended 9 Percent; Highway And Bridge Construction Fell 16 Percent. By Mark S. Kuhar
Read MoreNew Construction Starts in November Slip 6 Percent
At a seasonally adjusted annual rate of $638.3 billion, new construction starts in November retreated 6 percent from October, according to Dodge Data & Analytics. Each of the three major construction sectors experienced reduced activity in November.
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