HIGHWAY AND BRIDGE CONSTRUCTION FELL AS WINTER TEMPERATURES HIT HARD IN SOME PARTS OF THE COUNTY. By Mark S. Kuhar The value of new construction starts fell 13 percent in January to a seasonally adjusted annual rate of $485.0 billion, according to McGraw Hill Construction, a division of McGraw Hill Financial. The downturn followed a healthy performance in December, which…
Read MoreTag: Nonresidential building
November Construction Retreats 11 Percent
Highway Work Ticked Downward as Colder Weather Slowed the Season, But Activity is Still Up for the Year.
Read MoreNonresidential Building
Nonresidential building in October climbed 20 percent to $216.9 billion (annual rate). Manufacturing plant construction soared 147 percent, led by the start of these three projects – a $1.7 billion fertilizer plant in Iowa, a $1.7 billion natural gas processing plant in West Virginia, and a $1.5 billion gasification plant in Louisiana that will produce industrial liquid and gas products…
Read MoreSeptember Construction Climbs 13 Percent
By Mark S. Kuhar Nonresidential Building Bounced Back After Losing Momentum In August, But Bridge Work Took A Tumble.
Read MoreJuly Construction Recedes 2 Percent
By Mark S. Kuhar New Construction Starts In July Decreased 2 Percent, While Highway Construction Dropped 22 Percent. New construction starts in July decreased 2 percent to a seasonally adjusted annual rate of $479.1 billion, according to McGraw Hill Construction, a division of McGraw Hill Financial. The nonbuilding construction sector, comprised of public works and electric utilities, pulled back in…
Read MoreJune Construction Settles Back One Percent
New Construction Starts In June Receded 1 Percent, But Highway Construction Took A Huge Leap Forward. By Mark S. Kuhar
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