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…
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April 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
Read MoreApril Construction Starts Retreat 13 Percent
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…
Read MoreConstruction Employment at Highest Level in Nine Years
Construction employment increased by 5,000 jobs in April to the highest level in more than nine years amid strong demand for new construction services, according to an analysis of new government data by the Associated General Contractors of America. Association officials cautioned, however, that a shortage of available qualified workers likely limited the number of new jobs added last month.
Read MoreFebruary 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…
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