Construction Starts Rise 23 Percent in First Half of Year

During the first six months of 2015, total construction starts on an unadjusted basis were reported at $336.0 billion, up 23 percent from the same period a year ago, according to Dodge Data & Analytics. If the volatile electric utility and gas plant category is excluded, total construction starts during the first half of 2015 would be up a more…

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May Construction Starts Increase 3 Percent

At a seasonally adjusted annual rate of $729.7 billion, new construction starts in May climbed 3 percent compared to April’s already elevated pace, according to Dodge Data & Analytics. The nonbuilding construction sector provided much of the lift, given an exceptionally strong amount reported for the electric power and gas plant category, which reflected a massive liquefied natural gas (LNG)…

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New Construction Starts in April Advance 10 Percent

The value of new construction starts in April increased 10 percent from the previous month to a seasonally adjusted annual rate of $698.7 billion, according to Dodge Data & Analytics. The nonresidential building sector came in particularly strong, lifted by the inclusion of two massive projects as April starts – an $8.1 billion petrochemical plant in Louisiana and a $1.2…

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Key Projects Drive February Construction Starts

At a seasonally adjusted annual rate of $724.3 billion, new construction starts in February advanced 16 percent compared to the previous month, according to Dodge Data & Analytics. Much of the lift came from three massive projects valued each in excess of $1 billion that were included as February construction starts.

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January Construction Climbs 9 Percent

The value of new construction starts climbed 9 percent in January to a seasonally adjusted annual rate of $621.0 billion, according to Dodge Data & Analytics. The increase for total construction was the result of an especially strong performance by the nonbuilding construction sector, which benefitted from the start of a massive liquefied natural gas terminal facility in Texas.

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