ConstructConnect Blog

Clichés are often true and it is the case that a picture can be worth a thousand words.

ConstructConnect announced today that the latest month’s volume of construction starts, excluding residential work, was $37.6 billion (green shaded box, Table 4 below), an increase of 10.5% versus May’s figure of $34.1 billion (originally reported as $32.1 billion).

The accompanying table records the top 10 project starts in the U.S. for June 2020.

The accompanying tables show the top 10 major upcoming entertainment facility and stadium-arena construction projects in the U.S. They are all in the planning stage and are mainly new projects, but may also involve additions and/or alterations.

The accompanying tables shows the top 10 major upcoming Alberta and British Columbia construction projects in Canada. They are all in the planning stage and are mainly new projects, but may also involve additions and/or alterations.

U.S. put-in-place construction spending, during the coronavirus health crisis, has benefitted from the carryover of work begun last year. 2019 construction starts included an inordinately large number of mega projects valued at $1 billion or more each. There were 35 such projects last year, with a summed value near $80 billion, or 15% of nonresidential groundbreakings.