<img height="1" width="1" src="https://www.facebook.com/tr?id=373327176680496&amp;ev=PageView&amp;noscript=1">

By: Alex Carrick on September 14th, 2020

Print/Save as PDF

August Nonresidential Construction Starts Flat M/M; Down by a Quarter YTD

Economic News | Industry Snapshot

Last Year’s August Teemed with Mega Projects

ConstructConnect announced today that the latest month’s volume of construction starts, excluding residential work, was $31.4 billion (green shaded box, Table 4 below), a little better than flat (+1.2%) versus July’s figure of $31.0, originally reported as $28.6 billion. The sizable positive revision to the previous month’s number was due to about evenly spread increases in warehouse, bridge, power, and marine work.

August Nonresidential Construction Starts Flat M/M; Down by a Quarter Ytd Graphic

August 2020 versus August 2019 nonresidential starts were -43.3%. But 2019 was an exceptional year for ‘mega’ project starts (i.e., projects valued at $1 billion or more each). In 2019, there were 35 mega projects summing to $79.1 billion. August 2019 was last year’s best month for mega projects (although it only just beat May), providing five such groundbreakings totaling $18.7 billion.  The dollar volume difference between total nonresidential starts in August of this year versus the same month of last year was $24.0 billion. The shortfall of $24.0 billion was almost entirely due to the much stronger mega project profile last year.

 
View this information as an infographic
.
Click here to download the complete Construction Industry Snapshot Package - August 2020 PDF.

Year-to-date total nonresidential starts in the latest month were -26.9% compared with the same January-August period in 2019. The -26.9% change is tracking closely ConstructConnect’s -23.5% latest forecast for the full year. Year-to-date ‘actual’ nonresidential building starts are -34.4%, a little worse than the -29.7% change forecast for the full year. For ‘civil’ work, the actual year-to-date change is -12.9% compared with a -12.4% full-year projection. And the grand total percentage changes are -20.4% for ytd ‘actual’ versus -21.3% for full-year forecast.

Graph 1: U.S. Month-to-Month Total Employment Change
Can-vs-US-U-Rate-Employ-Aug-20-EAAG-Industry-Snapshot-US-total-employment
Latest data point is for August, 2020.
Data source: Payroll Survey, U.S. Bureau of Labor Statistics (BLS).
Chart: ConstructConnect.

Construction Has Reclaimed 56% of Jobs Lost in Spring

In March-April of this year, as originally reported, total employment in the U.S. fell by 20.5 million jobs, a decline of -13.5% (Table 1). The rearing up of the coronavirus contagion was, of course, the culprit. Since April, nearly nine million jobs have been reclaimed. Therefore, the jobs recovery-ratio, or the jobs ‘claw-back’ ratio (which has a feistier sound to it) is 43.8%.

While a good first stride has been taken in winning back the employment loss, 43.8% is still less than half the gap. Moreover, a rising proportion of remaining jobs losses are now being described as permanent rather temporary.

The construction sector’s March-April jobs decline, at -12.8%, almost mirrored the total economy (-13.5%). The sector’s jobs count figure in the Spring was -975,000. In the latest four months, construction has reclaimed 550,000 jobs. The jobs claw-back ratio for construction is now 56.4%.

Table 1: Monitoring the U.S. employment recovery ‒ August 2020

Monitoring the U.S. employment recovery ‒ August 2020 Chart
Data source: Bureau of Labor Statistics (BLS).
Chart: ConstructConnect.

A Recovery Described as ‘Uneven’

Graph 2 shows that on a year-over-year employment basis, construction (-3.9%) has fared fourth best among all major industrial sectors. It’s behind only ‘financial activities’ (what was, until recently, a booming stock market), ‘government’ (the epitome of job security) and ‘retail trade’ (thanks to online purchases and grocery store sales).

No doubt, though, the most alarming employment performance continues to be in the ‘leisure and hospitality’ sector, where jobs are -23.2% year over year. The word now being used most often to describe the recovery, as the economy’s various subsector components proceed along their individual paths, is ‘uneven.’

The Census Bureau’s total put-in-place (PIP) construction spending dollars in July were +4.2% year to date. The seeming strength in the PIP results are an illusion. PIP numbers essentially capture work-in-process payments. They include a lot of carryover work that was initiated at least a year ago (i.e., the heightened mega project activity in 2019 that was alluded to earlier.)

Total PIP construction spending in the latest three reported months (i.e., to July), versus the preceding three months, annualized (projected for a full year), was -14.9%.     

Also sounding a note of caution, total employment in the U.S. economy rose by 1.4 million jobs in August, but the construction sector’s latest month-to-month employment climb was only +16,000. There’s a looming threat that builders may soon burn their way through their backlogs. Much hope is being placed in the notion that an upsurge in housing starts will come to the rescue.

Graph 2: Y/Y Jobs Change, U.S. Total Industry & Major Subsectors − August 2020 (based on seasonally adjusted payroll data)

Y/Y Jobs Change, U.S. Total Industry & Major Subsectors − August 2020 (based on seasonally adjusted  payroll data) Chart
Data source: Payroll Survey, U.S. Bureau of Labor Statistics (Dept of Labor)).
Chart: ConstructConnect.

All Major Types of Nonresidential Construction Being Challenged

August’s +1.2% month-to-month (m/m) minor increase in total nonresidential starts resulted from gains in industrial (+179.1%) and commercial (+18.5%) that offset a sizable drop in heavy engineering/civil (-17.0%) and a small pullback in institutional (-2.5%). Industrial’s big jump was due to the month’s one mega project, a GM battery manufacturing plant, tied to electric vehicle sales, in Ohio (see Top 10 Project Starts in the U.S. - August 2020).

August 2020’s dismal -43.3% record in total nonresidential starts versus August 2019 (y/y) originated in all the major type-of-structure subcategories: industrial, -76.4% (there was a $10 billion ethane cracker for ExxonMobil in Texas last year); engineering, -38.7%; commercial, -32.9%; and institutional, -25.4%.

The slightly more than one-quarter (-26.9%) year-to-date (ytd) decline in the latest month’s total nonresidential starts was also widely dispersed: industrial, -76.6%; commercial, -32.8%; institutional, -14.9%; and engineering/civil, -12.9%.

‘Water/Sewage’ and ‘Warehouse’ Starts Draw Attention

The two nonresidential type-of-structure subcategories with the highest dollar volumes of starts so far this year have been ‘school/college’ ($48.7 billion) and ‘road/highway’ ($45.8 billion). The former has accounted for 62% of institutional starts ytd; the latter, for 41% of engineering.

The three metrics for educational facility starts in August were -11.2% m/m, -16.2% y/y and -14.3% ytd. Street starts were also negative according to the three percentage-change measures, -14.6% m/m, -7.4% y/y, and -2.8% ytd, although -2.8% for year to date, given the steep declines in many other subcategories, hasn’t been too bad. ‘Water/sewage’ starts ($21.6 billion) have been the second biggest component of engineering work to date this year and its percentage changes have been relatively upbeat: -3.3% m/m, but +31.1% y/y and +3.6% ytd.

Within institutional, ‘hospital/clinic’ starts have been disappointing in the extreme: -23.4% m/m; -82.5% y/y; and -46.1% ytd. ‘Nursing/assisted living’ starts have also been down significantly ytd (-36.6%). But, in August, they did deliver good news m/m (+82.0%) and y/y (+43.8%). Before leaving institutional, it should be reported that military starts are +138.0% ytd.

One amazing feature of commercial starts to date this year has been the rising share (23%) taken by ‘warehouse’ work (+45.1% m/m; -37.6% y/y; and -2.7% ytd). ‘Private offices’ (+79.0% m/m, but -22.0% y/y and -35.4% ytd) have been relegated, although just barely, to second spot. Combined, those two subcategories have accounted for 46% of commercial starts ytd.

Trend Graphs Have Taken a Nasty Turn

With only one exception (‘water/sewage’), the twelve-month moving average trend-line curves (Nonresidential Construction Starts Trend Graphs - August 2020) are moving downwards, some markedly so more than others. The type-of-structure subcategories where ‘starts’ presently appear to be in most distress are ‘retail,’ ‘private office buildings,’ and ‘miscellaneous civil.' ‘Schools/colleges’ and ‘hospitals/clinics’ are also clearly moving in the wrong direction. The recent dips in ‘roads/highways’ and ‘bridges’ are little more than hiccups for now, with possibly more momentous movements still to be revealed.

Construction Workers Left off Compensation ‘Bullet Train’

Tables B-3 and B-8 of the monthly Employment Situation report record average hourly and average weekly wages for industry sectors. B-3 is for all employees (i.e., including bosses) on non-farm payrolls. B-8 is for ‘production and nonsupervisory personnel’ only (i.e., it excludes bosses). For ‘all jobs’ and construction, there are eight relevant percentage changes to consider.

From Table B-3 (including supervisory personnel), ‘all-jobs’ earnings y/y in August were +4.7% hourly and +5.3% weekly. Construction workers missed some of the bounty at +3.3% hourly and +2.0% weekly. From Table B-8 (excluding bosses), the ‘all jobs’ pay increases were +4.9% hourly and +6.2% weekly. Again, at +3.0% hourly and a mere +1.4% weekly, construction workers were left off the ‘bullet train.’

3 PPI Construction Costing Series ‒ 2 on the March; 1 Tighter

August 2020’s y/y results for three BLS Producer Price Index (PPI) series were as follows: ‘construction materials special index,’ +2.0% (up from July’s +0.2%); ‘inputs to new construction index, excluding capital investment, labor, and imports,’ +1.3% (compared with -0.3% in July); and ‘final demand construction,’ +1.8% (down from +2.1% in July). While material costs may be on the march, it would seem fewer projects are driving tighter bidding.

The value of construction starts each month is derived from ConstructConnect’s database of all active construction projects in the U.S. Missing project values are estimated with the help of RSMeans’ building cost models. ConstructConnect’s nonresidential construction starts series, because it is comprised of total-value estimates for individual projects, some of which are super-large, has a history of being more volatile than many other leading indicators for the economy. 

‘Grand Total’ Starts -20.4% YTD

From Table 4 below, ConstructConnect’s total residential starts in August were -12.4% m/m, -20.3% y/y, and -7.9% ytd. The latest month’s multi-unit starts were -20.4% m/m, -53.1% y/y, and -22.4% ytd. Single-family starts were -10.1% m/m, -2.6% y/y, and -1.4% ytd. (Based on a recent upsurge in housing starts, there was a substantial positive revision to ConstructConnect’s July single-family starts value.) Combining residential and nonresidential, ‘Grand Total’ construction starts in August 2020 were -4.9% m/m, -35.7% y/y, and -20.4% ytd.

ConstructConnect has moved to a better-targeted and research-assigned ‘start’ date. (Prior to January 2017, the ‘start’ date was recorded as occurring within 30 to 60 days of the announced bid date.) In concept, a ‘start’ is equivalent to ground being broken for a project to proceed. If work is abandoned or rebid, the ‘start’ date is revised to reflect the new information.

Click here to download the Construction Industry Snapshot Package - August 2020 PDF.

Click here for the Top 10 Project Starts in the U.S. - August 2020.

Click here for the Nonresidential Construction Starts Trend Graphs - August 2020.

TABLE 2: VALUE OF UNITED STATES CONSTRUCTION STARTS
AUGUST 2020 – CONSTRUCTCONNECT

    % Change   % Change   % Change
  Jan-aug 20 Jan-aug 20 vs    aug 20 vs   aug 20 vs
  ($ billions) Jan-aug 19   aug 19   jul 20
             
Hotel/Motel 7.694 -47.4%   -62.1%   -28.6%
Retail 8.378 -30.4%   -16.3%   28.5%
Parking Garage 1.222 -49.0%   -54.6%   -3.3%
Amusement 4.071 -20.8%   -24.3%   15.8%
Private Office  14.520 -35.4%   -22.0%   79.0%
Government Office 6.670 -15.3%   -19.7%   1.1%
Laboratory 1.419 -5.6%   -66.1%   -17.2%
Warehouse 14.778 -2.7%   -37.6%   45.1%
Miscellaneous Commercial* 5.169 -62.9%   -31.1%   -28.5%
COMMERCIAL (big subset) 63.920 -32.8%   -32.9%   18.5%
             
INDUSTRIAL (Manufacturing) 11.118 -76.6%   -76.4%   179.1%
             
Religious 1.020 -22.5%   -23.1%   34.3%
Hospital/Clinic 7.008 -46.1%   -82.5%   -23.4%
Nursing/Assisted Living 4.094 -36.6%   43.8%   82.0%
Library/Museum 2.969 20.3%   75.1%   -10.4%
Police/Courthouse/Prison 4.900 20.0%   30.9%   46.0%
Military 5.787 138.0%   71.1%   -7.3%
School/College 48.721 -14.3%   -16.2%   -11.2%
Miscellaneous Medical 4.647 -27.9%   -55.5%   20.1%
INSTITUTIONAL 79.146 -14.9%   -25.4%   -2.5%
             
Miscellaneous Nonresidential 3.555 -23.9%   -26.1%   22.4%
NONRESIDENTIAL BUILDING 157.740 -34.4%   -46.0%   18.4%
             
Airport 4.176 -17.4%   10.7%   -6.5%
Road/Highway 45.768 -2.8%   -7.4%   -14.6%
Bridge 16.957 -21.4%   -43.7%   -46.4%
Dam/Marine 5.818 5.5%   83.9%   -0.4%
Water/Sewage 21.554 3.6%   31.1%   -3.3%
Miscellaneous Civil (power, pipelines, etc.) 16.787 -39.0%   -79.7%   -21.9%
HEAVY ENGINEERING (Civil) 111.059 -12.9%   -38.7%   -17.0%
             
TOTAL NONRESIDENTIAL 268.798 -26.9%   -43.3%   1.2%

*Includes transportation terminals and sports arenas.

Source: ConstructConnect Research Group and ConstructConnect.
Table: ConstructConnect.

TABLE 3: VALUE OF UNITED STATES CONSTRUCTION STARTS
CONSTRUCTCONNECT INSIGHT VERSION – AUGUST 2020
Arranged to match the alphabetical category drop-down menus in INSIGHT

        % Change     % Change % Change
      Jan-Aug 20 Jan-Aug 20 vs     Aug 20 vs Aug 20 vs
      ($ billions) Jan-Aug 19     Aug 19 Jul 20
                 
Summary              
CIVIL     111.059 -12.9%     -38.7% -17.0%
NONRESIDENTIAL BUILDING 157.740 -34.4%     -46.0% 18.4%
RESIDENTIAL   178.168 -7.9%     -20.3% -12.4%
GRAND TOTAL   446.966 -20.4%     -35.7% -4.9%
                 
Verticals              
    Airport 4.176 -17.4%     10.7% -6.5%
    All Other Civil 14.135 -21.3%     -74.1% -14.8%
    Bridges 16.957 -21.4%     -43.7% -46.4%
    Dams / Canals / Marine Work 5.818 5.5%     83.9% -0.4%
    Power Infrastructure 2.652 -72.3%     -94.0% -59.3%
    Roads 45.768 -2.8%     -7.4% -14.6%
    Water and Sewage Treatment 21.554 3.6%     31.1% -3.3%
CIVIL     111.059 -12.9%     -38.7% -17.0%
    Offices (private) 14.520 -35.4%     -22.0% 79.0%
    Parking Garages 1.222 -49.0%     -54.6% -3.3%
    Transportation Terminals 1.505 -82.7%     -73.4% 22.4%
  Commercial (small subset) 17.247 -48.6%     -33.0% 67.3%
    Amusement 4.071 -20.8%     -24.3% 15.8%
    Libraries / Museums 2.969 20.3%     75.1% -10.4%
    Religious 1.020 -22.5%     -23.1% 34.3%
    Sports Arenas / Convention Centers 3.664 -29.8%     26.7% -36.1%
  Community 11.725 -17.1%     3.4% -16.4%
    College / University 11.589 -13.9%     -20.7% -35.9%
    Elementary / Pre School 15.420 -8.0%     -3.4% 9.7%
    Jr / Sr High School 20.431 -19.0%     -24.5% -10.3%
    Special / Vocational 1.280 -9.0%     38.5% 61.9%
  Educational 48.721 -14.3%     -16.2% -11.2%
    Courthouses 1.226 51.5%     -1.2% 125.2%
    Fire and Police Stations 2.147 3.8%     35.8% 12.2%
    Government Offices 6.670 -15.3%     -19.7% 1.1%
    Prisons 1.526 26.6%     59.4% 58.1%
  Government 11.569 -3.2%     -2.5% 17.7%
    Industrial Labs / Labs / School Labs 1.419 -5.6%     -66.1% -17.2%
    Manufacturing 11.118 -76.6%     -76.4% 179.1%
    Warehouses 14.778 -2.7%     -37.6% 45.1%
  Industrial 27.314 -57.4%     -69.6% 100.7%
    Hospitals / Clinics 7.008 -46.1%     -82.5% -23.4%
    Medical Misc. 4.647 -27.9%     -55.5% 20.1%
    Nursing Homes 4.094 -36.6%     43.8% 82.0%
  Medical   15.749 -39.2%     -62.3% 16.6%
  Military   5.787 138.0%     71.1% -7.3%
    Hotels 7.694 -47.4%     -62.1% -28.6%
    Retail Misc. 3.555 -23.9%     -26.1% 22.4%
    Shopping 8.378 -30.4%     -16.3% 28.5%
  Retail   19.627 -37.4%     -37.4% 5.7%
NONRESIDENTIAL BUILDING 157.740 -34.4%     -46.0% 18.4%
    Multi-Family 46.665 -22.4%     -53.1% -20.4%
    Single-Family 131.502 -1.4%     -2.6% -10.1%
RESIDENTIAL   178.168 -7.9%     -20.3% -12.4%
NONRESIDENTIAL 268.798 -26.9%     -43.3% 1.2%
GRAND TOTAL   446.966 -20.4%     -35.7% -4.9%

Table 2 conforms to the type-of-structure ordering adopted by many firms and organizations in the industry. Specifically, it breaks nonresidential building into ICI work (i.e., industrial, commercial, and institutional), since each has its own set of economic and demographic drivers. Table 3 presents an alternative, perhaps more user-friendly and intuitive type-of-structure ordering that matches how the data appears in ConstructConnect Insight.

Source: ConstructConnect.
Table: ConstructConnect.

TABLE 4: VALUE OF UNITED STATES NATIONAL CONSTRUCTION STARTS – AUGUST 2020 – CONSTRUCTCONNECT
Billions of current $s, not seasonally adjusted (NSA)

  Latest month actuals  Moving averages (placed in end month) Year to Date. 
        3-months 12-months JAN-AUG JAN-AUG
  JUN 20 JUL 20 AUG 20 JUN 20 JUL 20 AUG 20 JUN 20 JUL 20 AUG 20 2019 2020
                       
Single Family 18.181 19.215 17.280 15.646 17.391 18.225 16.370 16.443 16.405 133.429 131.502
   month-over-month % change 23.0% 5.7% -10.1% 3.6% 11.2% 4.8% 0.0% 0.4% -0.2%    
   year-over-year % change 0.3% 4.8% -2.6% -12.1% -2.6% 0.9% 1.5% 1.9% 1.8% -6.3% -1.4%
Apartment 6.123 5.636 4.484 5.529 5.749 5.414 7.583 7.509 7.086 60.116 46.665
   month-over-month % change 11.6% -8.0% -20.4% -2.8% 4.0% -5.8% -2.0% -1.0% -5.6%    
   year-over-year % change -23.4% -13.5% -53.1% -23.6% -14.3% -32.5% -1.6% -1.4% -8.3% -2.4% -22.4%
TOTAL RESIDENTIAL 24.305 24.851 21.764 21.174 23.140 23.640 23.953 23.953 23.491 193.545 178.168
   month-over-month % change 19.9% 2.2% -12.4% 1.8% 9.3% 2.2% -0.6% 0.0% -1.9%    
   year-over-year % change -6.9% 0.0% -20.3% -15.4% -5.8% -9.4% 0.5% 0.8% -1.5% -5.1% -7.9%
Hotel/Motel 0.492 0.764 0.545 0.627 0.559 0.600 1.516 1.452 1.378 14.613 7.694
   month-over-month % change 17.1% 55.3% -28.6% -23.8% -10.9% 7.5% -7.1% -4.2% -5.1%    
   year-over-year % change -73.8% -50.2% -62.1% -65.8% -67.1% -62.8% -21.3% -23.9% -27.2% -19.5% -47.4%
Retail 0.958 0.886 1.138 1.025 0.930 0.994 1.116 1.090 1.072 12.042 8.378
   month-over-month % change 1.3% -7.5% 28.5% -9.4% -9.3% 6.9% -5.8% -2.3% -1.7%    
   year-over-year % change -46.2% -26.1% -16.3% -38.1% -39.9% -31.3% -25.5% -24.8% -25.3% -8.4% -30.4%
Parking Garages 0.164 0.106 0.103 0.149 0.164 0.124 0.196 0.176 0.165 2.396 1.222
   month-over-month % change -25.7% -35.5% -3.3% 5.3% 9.9% -24.1% -6.9% -10.6% -5.9%    
   year-over-year % change -51.3% -70.1% -54.6% -56.6% -54.0% -59.4% -28.0% -38.0% -42.6% 32.5% -49.0%
Amusement 0.506 0.323 0.375 0.511 0.395 0.401 0.627 0.552 0.542 5.142 4.071
   month-over-month % change 42.4% -36.1% 15.8% -5.8% -22.8% 1.6% -3.0% -11.9% -1.8%    
   year-over-year % change -31.1% -73.5% -24.3% -17.1% -51.9% -50.8% -2.4% -21.7% -23.6% -0.8% -20.8%
Office 1.544 1.112 1.991 1.409 1.182 1.549 2.602 2.411 2.364 22.477 14.520
   month-over-month % change 73.5% -27.9% 79.0% 11.4% -16.1% 31.1% -9.0% -7.4% -1.9%    
   year-over-year % change -66.8% -67.4% -22.0% -57.1% -64.6% -56.2% -4.0% -4.3% -8.5% 5.2% -35.4%
Governmental Offices 0.857 0.935 0.946 0.843 0.857 0.913 0.962 0.897 0.877 7.871 6.670
   month-over-month % change 10.0% 9.1% 1.1% -3.1% 1.7% 6.5% -1.8% -6.8% -2.2%    
   year-over-year % change -19.8% -45.8% -19.7% -13.2% -30.4% -31.0% 4.6% -9.8% -12.1% 14.0% -15.3%
Laboratories 0.231 0.163 0.135 0.125 0.157 0.176 0.210 0.215 0.193 1.503 1.419
   month-over-month % change 204.6% -29.5% -17.2% 23.7% 25.1% 12.5% 5.3% 2.5% -10.2%    
   year-over-year % change 121.9% 61.5% -66.1% -24.7% 16.0% -12.3% -3.8% 19.6% -1.6% -26.9% -5.6%
Warehouse 2.117 1.129 1.638 2.155 1.737 1.628 1.963 1.929 1.847 15.187 14.778
   month-over-month % change 7.7% -46.7% 45.1% 12.0% -19.4% -6.3% -0.4% -1.7% -4.3%    
   year-over-year % change -4.8% -26.5% -37.6% -5.9% -2.7% -23.5% 5.8% 7.5% 0.0% 2.8% -2.7%
Misc Commercial 0.653 0.955 0.683 0.502 0.674 0.764 1.157 1.005 0.980 13.915 5.169
   month-over-month % change 57.7% 46.3% -28.5% -0.7% 34.3% 13.3% 1.0% -13.1% -2.6%    
   year-over-year % change 27.7% -65.6% -31.1% -76.0% -75.5% -46.5% -6.8% -22.5% -27.4% 39.1% -62.9%
TOTAL COMMERCIAL 7.522 6.374 7.553 7.347 6.654 7.150 10.350 9.726 9.417 95.147 63.920
   month-over-month % change 24.0% -15.3% 18.5% 0.6% -9.4% 7.4% -4.4% -6.0% -3.2%    
   year-over-year % change -43.4% -54.0% -32.9% -44.5% -51.3% -44.1% -8.3% -12.6% -16.6% 1.9% -32.8%
TOTAL INDUSTRIAL  (Manufacturing) 0.535 1.048 2.923 1.116 1.247 1.502 2.978 2.393 1.602 47.467 11.118
   month-over-month % change -75.2% 95.6% 179.1% -6.3% 11.8% 20.4% -1.2% -19.7% -33.0%    
   year-over-year % change -45.2% -87.0% -76.4% -78.5% -82.7% -79.0% -16.7% -42.2% -66.5% 83.8% -76.6%
Religious 0.096 0.091 0.123 0.096 0.103 0.103 0.140 0.136 0.133 1.317 1.020
   month-over-month % change -22.0% -4.8% 34.3% -38.2% 7.6% -0.1% -6.3% -3.0% -2.3%    
   year-over-year % change -54.1% -35.4% -23.1% -47.6% -43.0% -39.2% -18.3% -20.9% -22.1% -10.1% -22.5%
Hosptials/Clinics 0.942 0.532 0.408 0.942 0.870 0.627 1.616 1.413 1.252 13.014 7.008
   month-over-month % change -17.1% -43.5% -23.4% 13.0% -7.6% -27.9% -4.9% -12.6% -11.4%    
   year-over-year % change -51.3% -82.1% -82.5% -27.2% -56.7% -74.0% 24.1% -4.2% -18.8% 14.1% -46.1%
Nursing/Assisted Living 0.388 0.310 0.565 0.498 0.397 0.421 0.620 0.589 0.603 6.453 4.094
   month-over-month % change -21.4% -19.9% 82.0% -9.7% -20.3% 6.0% -3.0% -4.9% 2.4%    
   year-over-year % change -37.1% -54.3% 43.8% -38.1% -46.8% -25.2% -27.9% -30.7% -27.9% -8.1% -36.6%
Libraries/Museums 0.296 0.223 0.200 0.301 0.289 0.240 0.392 0.371 0.378 2.468 2.969
   month-over-month % change -14.8% -24.8% -10.4% 14.0% -4.1% -17.1% -1.2% -5.3% 1.9%    
   year-over-year % change -16.4% -52.6% 75.1% -24.4% -35.5% -23.4% 43.9% 25.2% 30.0% 43.1% 20.3%
Police/Courthouse/Prison 0.540 0.547 0.799 0.501 0.512 0.629 0.621 0.631 0.647 4.084 4.900
   month-over-month % change 20.4% 1.4% 46.0% -8.2% 2.2% 22.9% -1.0% 1.7% 2.5%    
   year-over-year % change -11.8% 30.4% 30.9% -13.5% -4.9% 14.9% -3.0% 5.0% 11.8% -22.2% 20.0%
Military 0.536 0.608 0.564 0.993 0.544 0.570 0.668 0.689 0.709 2.431 5.787
   month-over-month % change 10.0% 13.4% -7.3% -4.9% -45.2% 4.7% 2.3% 3.1% 2.8%    
   year-over-year % change 49.5% 70.1% 71.1% 244.7% 64.2% 63.3% 60.4% 66.0% 75.7% -13.8% 138.0%
Schools/Colleges 9.329 5.502 4.888 7.444 7.299 6.573 5.820 5.710 5.631 56.846 48.721
   month-over-month % change 32.0% -41.0% -11.2% 10.0% -1.9% -9.9% -3.0% -1.9% -1.4%    
   year-over-year % change -18.8% -19.3% -16.2% -20.9% -18.6% -18.3% -8.3% -9.8% -10.5% 7.5% -14.3%
Misc Government 0.413 0.305 0.366 0.593 0.498 0.361 0.693 0.667 0.629 6.442 4.647
   month-over-month % change -46.7% -26.3% 20.1% -30.3% -16.1% -27.4% -7.3% -3.8% -5.7%    
   year-over-year % change -61.2% -50.7% -55.5% -42.0% -45.6% -56.8% -19.3% -20.0% -25.2% -15.2% -27.9%
TOTAL INSTITUTIONAL 12.540 8.119 7.912 11.368 10.512 9.523 10.569 10.206 9.982 93.055 79.146
   month-over-month % change 15.3% -35.3% -2.5% 3.2% -7.5% -9.4% -3.1% -3.4% -2.2%    
   year-over-year % change -24.6% -34.9% -25.4% -18.7% -25.6% -28.1% -2.8% -7.0% -8.9% 3.2% -14.9%
Misc Non Residential 0.485 0.366 0.448 0.426 0.409 0.433 0.577 0.557 0.544 4.673 3.555
   month-over-month % change 28.6% -24.5% 22.4% 1.1% -4.0% 5.8% -1.8% -3.4% -2.4%    
   year-over-year % change -21.2% -39.1% -26.1% -32.4% -32.3% -28.7% -0.8% -1.3% -5.0% -6.7% -23.9%
TOTAL NONRES BUILDING 21.082 15.906 18.836 20.257 18.823 18.608 24.474 22.883 21.546 240.343 157.740
   month-over-month % change 8.2% -24.6% 18.4% 1.6% -7.1% -1.1% -3.4% -6.5% -5.8%    
   year-over-year % change -33.1% -54.6% -46.0% -38.7% -47.2% -44.9% -7.0% -14.6% -22.0% 12.1% -34.4%
Airports 0.882 0.810 0.757 0.576 0.742 0.816 0.556 0.536 0.542 5.053 4.176
   month-over-month % change 64.9% -8.2% -6.5% 25.1% 29.0% 10.0% 4.6% -3.5% 1.1%    
   year-over-year % change 49.3% -22.3% 10.7% -4.6% -3.7% 5.7% -3.7% -12.4% -12.2% 2.9% -17.4%
Roads/Highways 7.137 5.959 5.088 7.199 6.630 6.061 5.524 5.364 5.330 47.097 45.768
   month-over-month % change 5.1% -16.5% -14.6% 7.9% -7.9% -8.6% 0.7% -2.9% -0.6%    
   year-over-year % change 6.7% -24.3% -7.4% 2.1% -9.2% -9.3% 4.0% 0.0% 1.0% 0.2% -2.8%
Bridges 2.716 2.158 1.157 2.172 2.293 2.010 2.193 2.206 2.131 21.566 16.957
   month-over-month % change 35.4% -20.5% -46.4% -3.8% 5.6% -12.3% 1.7% 0.6% -3.4%    
   year-over-year % change 18.9% 7.9% -43.7% -41.6% 5.1% -4.9% -8.6% -8.5% -13.7% 35.0% -21.4%
Dams/Marine 0.663 0.825 0.822 0.754 0.789 0.770 0.684 0.707 0.738 5.516 5.818
   month-over-month % change -24.4% 24.5% -0.4% 0.6% 4.5% -2.3% -5.1% 3.3% 4.4%    
   year-over-year % change -40.0% 49.0% 83.9% -35.9% -36.4% 9.8% -4.2% -1.4% 5.2% 47.4% 5.5%
Water/Sewage 3.428 2.835 2.741 2.890 2.851 3.001 2.661 2.644 2.698 20.806 21.554
   month-over-month % change 49.7% -17.3% -3.3% 2.9% -1.3% 5.3% 2.8% -0.6% 2.0%    
   year-over-year % change 33.6% -6.8% 31.1% -1.8% 0.4% 17.0% 10.2% 7.9% 10.2% -1.3% 3.6%
Misc Civil 1.796 2.515 1.965 2.284 2.706 2.092 3.515 3.596 2.954 27.534 16.787
   month-over-month % change -52.8% 40.1% -21.9% 2.4% 18.5% -22.7% -10.3% 2.3% -17.9%    
   year-over-year % change -73.0% 63.8% -79.7% -46.1% -35.1% -64.9% 53.9% 52.8% -4.5% 22.0% -39.0%
TOTAL ENGINEERING 16.622 15.102 12.530 15.875 16.011 14.751 15.132 15.053 14.393 127.570 111.059
   month-over-month % change 1.9% -9.1% -17.0% 4.6% 0.9% -7.9% -1.8% -0.5% -4.4%    
   year-over-year % change -16.4% -5.9% -38.7% -19.6% -13.5% -21.5% 10.5% 8.2% -1.5% 10.7% -12.9%
GRAND TOTAL 62.009 55.859 53.129 57.306 57.973 56.999 63.559 61.889 59.430 561.457 446.966
   month-over-month % change 10.6% -9.9% -4.9% 2.5% 1.2% -1.7% -2.0% -2.6% -4.0%    
   year-over-year % change -20.0% -26.4% -35.7% -26.4% -26.3% -27.6% -0.4% -4.0% -10.0% 5.2% -20.4%
NONRES BLDG + ENGINEERING 37.704 31.008 31.365 36.132 34.833 33.359 39.606 37.936 35.939 367.912 268.798
   month-over-month % change 5.4% -17.8% 1.2% 2.9% -3.6% -4.2% -2.8% -4.2% -5.3%    
   year-over-year % change -26.6% -39.3% -43.3% -31.6% -35.6% -36.6% -1.0% -6.8% -14.9% 11.6% -26.9%

Data Source and Table: ConstructConnect.

TABLE 5: U.S. YEAR-TO-DATE REGIONAL STARTS
NONRESIDENTIAL CONSTRUCTION* — CONSTRUCTCONNECT

  JAN-AUG 2019   JAN-AUG 2020   % Change
           
Connecticut $3,955,008,101   $2,618,882,223   -33.8%
Maine $1,399,195,080   $1,152,462,614   -17.6%
Massachusetts $9,790,521,098   $6,336,329,947   -35.3%
New Hampshire $1,230,364,376   $657,598,791   -46.6%
Rhode Island $678,643,448   $566,455,565   -16.5%
Vermont $302,653,264   $445,224,948   47.1%
Total New England $17,356,385,367   $11,776,954,088   -32.1%
New Jersey $4,872,641,070   $4,598,865,277   -5.6%
New York $16,920,037,375   $12,844,607,744   -24.1%
Pennsylvania $11,387,084,448   $6,868,150,756   -39.7%
Total Middle Atlantic $33,179,762,893   $24,311,623,777   -26.7%
TOTAL NORTHEAST $50,536,148,260   $36,088,577,865   -28.6%
Illinois $12,149,452,658   $10,462,636,562   -13.9%
Indiana $5,412,298,882   $5,531,810,017   2.2%
Michigan $9,900,456,174   $5,197,595,980   -47.5%
Ohio $10,358,212,760   $10,113,237,365   -2.4%
Wisconsin $7,876,556,894   $6,412,864,577   -18.6%
Total East North Central $45,696,977,368   $37,718,144,501   -17.5%
Iowa $4,766,788,913   $3,871,444,240   -18.8%
Kansas $3,572,920,605   $2,962,396,274   -17.1%
Minnesota $8,172,073,769   $5,999,876,580   -26.6%
Missouri $6,062,903,767   $7,550,586,497   24.5%
Nebraska $2,789,775,243   $3,325,940,128   19.2%
North Dakota $1,636,942,298   $2,036,309,175   24.4%
South Dakota $1,422,836,028   $893,879,975   -37.2%
Total West North Central $28,424,240,623   $26,640,432,869   -6.3%
TOTAL MIDWEST $74,121,217,991   $64,358,577,370   -13.2%
Delaware $873,368,556   $997,339,256   14.2%
District of Columbia $1,446,931,991   $687,970,030   -52.5%
Florida $24,691,334,883   $15,232,229,545   -38.3%
Georgia $13,868,481,930   $7,607,358,967   -45.1%
Maryland $5,129,644,259   $5,002,798,566   -2.5%
North Carolina $9,848,958,427   $6,810,659,864   -30.8%
South Carolina $4,897,617,883   $3,567,774,441   -27.2%
Virginia $11,093,929,062   $7,357,592,331   -33.7%
West Virginia $1,216,012,457   $1,797,915,540   47.9%
Total South Atlantic $73,066,279,448   $49,061,638,540   -32.9%
Alabama $6,745,036,808   $3,445,570,809   -48.9%
Kentucky $4,720,189,168   $2,199,415,071   -53.4%
Mississippi $1,852,417,856   $2,092,550,228   13.0%
Tennessee $6,074,970,282   $5,875,718,743   -3.3%
Total East South Central $19,392,614,114   $13,613,254,851   -29.8%
Arkansas $2,276,891,550   $2,720,368,148   19.5%
Louisiana $7,323,614,768   $3,236,223,808   -55.8%
Oklahoma $3,602,235,106   $2,724,467,639   -24.4%
Texas $62,807,884,332   $30,689,751,226   -51.1%
Total West South Central $76,010,625,756   $39,370,810,821   -48.2%
TOTAL SOUTH $168,469,519,318   $102,045,704,212   -39.4%
Arizona $6,094,694,866   $5,692,886,282   -6.6%
Colorado $6,412,743,175   $5,460,690,197   -14.8%
Idaho $1,660,374,939   $1,016,334,154   -38.8%
Montana $969,982,085   $1,152,142,870   18.8%
Nevada $4,966,290,154   $2,716,968,409   -45.3%
New Mexico $1,243,830,468   $1,710,921,904   37.6%
Utah $3,837,047,797   $4,663,432,170   21.5%
Wyoming $3,864,638,596   $796,819,300   -79.4%
Total Mountain $29,049,602,080   $23,210,195,286   -20.1%
Alaska $793,415,818   $961,720,467   21.2%
California $27,149,975,836   $26,771,693,825   -1.4%
Hawaii $1,686,977,803   $1,425,831,397   -15.5%
Oregon $4,169,003,628   $3,148,426,359   -24.5%
Washington $11,936,557,304   $10,787,646,410   -9.6%
Total Pacific $45,735,930,389   $43,095,318,458   -5.8%
TOTAL WEST $74,785,532,469   $66,305,513,744   -11.3%
TOTAL U.S. $367,912,418,038   $268,798,373,191   -26.9%

*Figures above are comprised of nonres building and engineering (i.e., residential is omitted).

Data Source and Table: ConstructConnect.


CanaData 2020

     
Take Control of Your Construction Bidding Pipeline & Find More Project Leads in Your Backyard
Find. Bid. Win. Repeat!

Subscribe to the Blog!