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New Construction Starts in February Recede 3 Percent

Details: Published: Friday, 30 March 2018 18:53; Written by Mark Kuhar

At a seasonally adjusted annual rate of $708.1 billion, new construction starts in February slipped 3 percent from the previous month, according to Dodge Data & Analytics. The reduced activity in February followed a 2 percent decline in January, as the early months of 2018 are showing some loss of momentum after the 12 percent increase reported back in December.

January Construction Starts Slip 2 Percent

Details: Published: Wednesday, 28 February 2018 03:13; Written by Mark Kuhar

The value of new construction starts in January receded 2 percent to a seasonally adjusted annual rate of $725.9 billion, easing slightly after December’s 13 percent hike, according to Dodge Data & Analytics. The nonbuilding construction sector, comprised of public works and electric utilities/gas plants, pulled back 18 percent after surging 45 percent in December, as that month was boosted by the start of the $2.3 billion I-66 Corridor Improvements Project in northern Virginia and a $992 million transmission line project in California.

New Construction Starts in November Slide 12 Percent

Details: Published: Wednesday, 03 January 2018 18:08; Written by Mark Kuhar

At a seasonally adjusted annual rate of $650.5 billion, new construction starts in November dropped 12 percent from October, according to Dodge Data & Analytics. Nonresidential building fell 14 percent in November, retreating for the second month in a row after the sharp improvement reported in late summer. The nonbuilding construction sector, which can be volatile on a month-to-month basis, plunged 32 percent in November after its 28 percent hike in October, which included the start of two large natural gas pipeline projects.

New Construction Starts in December Rebound 12 Percent

Details: Published: Friday, 26 January 2018 18:08; Written by Mark Kuhar

New construction starts in December climbed 12 percent to a seasonally adjusted annual rate of $733.3 billion, bouncing back following November's 12 percent decline, according to Dodge Data & Analytics. Highway and bridge construction soared 66 percent in December.

October Construction Starts Fall 9 Percent

Details: Published: Wednesday, 29 November 2017 02:29; Written by Mark Kuhar

New construction starts in October dropped 9 percent to a seasonally adjusted annual rate of $742.9 billion, pulling back after a 14 percent jump in September, according to Dodge Data & Analytics. Over the past two months the pattern for total construction starts was shaped by nonresidential building, which fell 30 percent in October after soaring 37 percent in September, despite some large projects.