editorial

New Construction Starts Jump 14 Percent in September

The value of new construction starts in September soared 14 percent from the previous month to a seasonally adjusted annual rate of $814.8 billion, according to Dodge Data & Analytics.

Read more: New Construction Starts Jump 14 Percent in September

New Construction Starts Jump 14 Percent in September

The value of new construction starts in September soared 14 percent from the previous month to a seasonally adjusted annual rate of $814.8 billion, according to Dodge Data & Analytics.

Read more: New Construction Starts Jump 14 Percent in September

July Construction Starts Increase 6 Percent

The value of new construction starts in July advanced 6 percent from the previous month to a seasonally adjusted annual rate of $728.1 billion, it was reported by Dodge Data & Analytics. Leading the way was a 26 percent jump by the nonbuilding construction sector, which reflected an improved level for public works and the start of two massive power plants, located respectively in California and New York.

Read more: July Construction Starts Increase 6 Percent

New Construction Starts in August Recede 2 Percent

At a seasonally adjusted annual rate of $711.6 billion, new construction starts in August slipped 2 percent from July, according to Dodge Data & Analytics. The decline followed July’s 6 percent increase, yet still kept total construction activity 5 percent above the relatively subdued pace reported during the second quarter.

Read more: New Construction Starts in August Recede 2 Percent

June Construction Starts Climb 4 Percent

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 building slipped 4 percent in June, as both sides of the housing market (single-family and multifamily) retreated.

Read more: June Construction Starts Climb 4 Percent

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