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Tag: Construction starts

New construction starts in December slide

New construction starts in December slide

Posted by | Jan 26, 2017 | 0 |

New construction starts in December slipped 5% 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 the same time, nonresidential building in December held steady with its November pace, and residential building was able to register moderate growth.

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October construction starts recede 4 percent

October construction starts recede 4 percent

Posted by | Nov 25, 2016 | 0 |

New construction starts in October decreased 4% to a seasonally adjusted annual rate of $678.9 billion, settling back from the elevated amount that was reported in September, according to Dodge Data & Analytics.

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Construction starts ease back 2 percent in September

Construction starts ease back 2 percent in September

Posted by | Oct 18, 2016 | 0 |

The value of new construction starts in September decreased a slight 2% to a seasonally adjusted annual rate of $703.7 billion, according to Dodge Data & Analytics.  This follows the 22% jump for total construction starts in August, which witnessed the highest monthly pace for construction starts so far in 2016.

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August construction starts jump 21 percent

August construction starts jump 21 percent

Posted by | Sep 23, 2016 | 0 |

New construction starts in August soared 21% to a seasonally adjusted annual rate of $711.2 billion, according to Dodge Data & Analytics, following lackluster activity in July.  The August rise for total construction starts featured an especially elevated amount for nonresidential building, which was helped by the start of a $3 billion petrochemical plant in Louisiana, the $1.7 billion Wynn Casino in the Boston MA area, and a $508 million terminal upgrade at Seattle-Tacoma International Airport.

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July construction starts slip 2 percent

July construction starts slip 2 percent

Posted by | Aug 23, 2016 | 0 |

“While the loss of momentum for total construction starts in June and July may raise some concern about the overall health of the construction industry, it’s useful to keep in mind that the recent declines were tied to two segments, public works and electric utilities, that are prone to volatility on a month-to-month basis,” stated Robert A. Murray, chief economist for Dodge Data & Analytics.

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