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Blog Feature

Industry Snapshot | Alex Carrick

By: Alex Carrick
March 12th, 2020

No Mega Project for 1st Time in Over Two Years ConstructConnect announced today that the latest month’s volume of construction starts, excluding residential work, was $23.8 billion (green shaded box, Table 3 below), a drop of one-quarter (-25.4%) versus January’s figure of $31.9 billion (originally reported as $29.7 billion). For the first time since January 2018, more than two years ago, there were no ‘mega’ project (i.e., valued at $1.0 billion plus) groundbreakings in the latest month.

Blog Feature

Industry Snapshot | Alex Carrick

By: Alex Carrick
March 12th, 2020

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

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Blog Feature

Industry Snapshot | Alex Carrick

By: Alex Carrick
March 12th, 2020

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

Blog Feature

Economic News | Industry Snapshot | Alex Carrick

By: Alex Carrick
February 14th, 2020

Assessing January Starts is Always a Challenge ConstructConnect announced today that the latest month’s volume of construction starts, excluding residential work, was $29.7 billion (green shaded box, Table 3 below), -14.0% versus December 2019’s figure of $34.5 billion (originally reported as $34.0 billion). The decline was greater than the usual step back due to seasonality of -10.0%. ‘Seasonality’ refers to increases or decreases in activity due to favorable or unfavorable weather. Winter qualifies as unfavorable.

Blog Feature

Economic News | Industry Snapshot | Alex Carrick

By: Alex Carrick
February 14th, 2020

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

Blog Feature

Economic News | Industry Snapshot | Alex Carrick

By: Alex Carrick
February 14th, 2020

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

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