Construction starts

Construction starts post solid gain in August

Posted by PRISM | Sep 17, 2020 | 0 |

Total construction starts rose 19% in August to a seasonally adjusted annual rate of $793.3 billion, according to Dodge Data & Analytics. Gains were seen in all three major building sectors: nonresidential building starts rose 16% and residential building climbed 12%, while nonbuilding construction jumped 40% over the month. While large projects certainly influenced the August gains, removing those projects would still have resulted in a gain for the month.

Construction starts lose ground in July

Posted by PRISM | Aug 17, 2020 | 0 |

Total construction starts fell 7% in July to a seasonally adjusted annual rate of $631.6 billion, according to Dodge Data & Analytics. The decline was due to a significant pullback in the nonbuilding segment, which fell 31% from June to July. Nonresidential building starts rose 3% while residential building starts increased 2%.

Construction starts show additional gains in June

Posted by PRISM | Jul 16, 2020 | 0 |

Dodge Data & Analytics reported today that total construction starts increased 6% in June to a seasonally adjusted annual rate of $641.4 billion. This marks the second consecutive monthly gain in construction starts following the COVID-19 induced declines in March and April. In June nonresidential building starts gained 6% and starts in the nonbuilding sector moved 27% higher. Residential starts, by contrast, fell 6% during the month.

Construction starts post small gain in May

Posted by PRISM | Jun 16, 2020 | 0 |

Total construction starts rose 3% from April to May to a seasonally adjusted annual rate of $595.1 billion, following a 25% decline the previous month, according to a recent Dodge Data & Analytics report. Several large nonresidential building projects broke ground in May resulting in the gain. Removing those large projects from the statistics would have resulted in no change in starts over the month. In May, nonresidential buildings increased 8%, while residential building starts rose 4%. Nonbuilding starts, however, declined 4% during the month.

Construction starts show sharp contraction in April

Posted by PRISM | May 14, 2020 | 0 |

Dodge Data & Analytics announced today that total construction starts declined 25% from March to April to a seasonally adjusted annual rate of $572.2 billion as COVID-19 and economic recession hit the construction sector. In April, nonresidential building starts fell 37% from March, while residential dropped 25%. The decline in nonbuilding construction starts was more tepid, falling just 5% due to strong activity in streets and bridges.

Construction starts decline in March

Posted by PRISM | Apr 16, 2020 | 0 |

“Considering the calamity that occurred towards the end of March as the fallout from the COVID-19 (Coronavirus) hit the economy, construction starts held up rather well,” stated Richard Branch Chief Economist for Dodge Data & Analytics. “Construction starts in March were unlikely to be greatly impacted as projects that broke ground during the month likely had materials sourced and in-place and labor booked well ahead of the scheduled groundbreaking.”

Construction starts move lower in January

Posted by PRISM | Feb 18, 2020 | 0 |

Total construction starts slipped 6% from December to January to a seasonally adjusted annual rate of $759.2 billion, according to Dodge Data & Analytics. All three major categories moved lower in January — residential building starts fell 8%, nonresidential building lost 6%, and nonbuilding starts moved 2% lower.

Construction starts fall 21% in December

Posted by PRISM | Jan 21, 2020 | 0 |

“Last year (2019) will go down as one of the most volatile years for monthly construction starts due the lumpy nature of large projects,” stated Richard Branch, Chief Economist of Dodge Data & Analytics. “Looking beyond the influence of these massive projects, it is evident that the uncertainty surrounding trade policy weighed on construction activity last year.”

Construction starts surge 37% higher in November

Posted by PRISM | Dec 18, 2019 | 0 |

Construction starts moved 37% higher from October to November, reaching a seasonally adjusted annual rate of $988.9 billion. The large percentage gain was not only a response to a particularly weak October, but also numerous massive projects that broke ground during the month. By major sector, nonresidential building starts gained 61% over the month, while nonbuilding starts moved 82% higher. Residential building starts were flat from October to November.

October construction starts fall 11 percent

Posted by PRISM | Nov 18, 2019 | 0 |

Dodge Data & Analytics announced today that new construction starts declined 11% in October to a seasonally adjusted annual rate of $696.3 billion. This is the third consecutive monthly drop in construction starts activity. “Concern over the health of the U.S. economy continues to play a key role in the pullback in starts over the past few months,” stated Richard Branch, Chief Economist for Dodge Data & Analytics. “However, solid real estate fundamentals (such as vacancy rates) in addition to stable public funding will continue to support a modest level of construction activity across both public and private projects.”

Tag: Construction starts

Construction starts post solid gain in August

Construction starts lose ground in July

Construction starts show additional gains in June

Construction starts post small gain in May

Construction starts show sharp contraction in April

Construction starts decline in March

Construction starts move lower in January

Construction starts fall 21% in December

Construction starts surge 37% higher in November

October construction starts fall 11 percent

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