ConstructConnect Blog

ConstructConnect Blog

Blog Feature

Industry Snapshot | alex carrick

By: Alex Carrick
October 10th, 2019

A Dearth of Mega Projects in September Versus August ConstructConnect announced today that the latest month’s volume of construction starts, excluding residential work, was $34.7 billion (green shaded box, Table 3 below),-32.9% compared with August’s figure of $51.6 billion (originally reported as $50.2 billion). The decline of nearly one-third (or -$16.9 billion) was due to a disparity in ‘mega project’ start-ups. Whereas August featured 5 projects of a billion dollars or more each, totaling $18.7 billion, September had only two such undertakings, combining for $2.3 billion (yielding a gap of -$16.4 billion).

Blog Feature

Industry Snapshot | alex carrick

By: Alex Carrick
October 10th, 2019

The accompanying table records the top 10 project starts in the U.S. for September 2019.

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Blog Feature

Industry Snapshot | alex carrick

By: Alex Carrick
October 10th, 2019

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
September 12th, 2019

Another Outstanding Mega Project Month ConstructConnect announced today that the latest month’s volume of construction starts, excluding residential work, was $50.2 billion (green shaded box, Table 3 below), +8.9% compared with July’s upwardly revised figure of $46.1 billion (originally reported as $45.4 billion). While July featured a wealth of mega project starts (four for more than $1 billion each, totaling $8.7 billion), August’s record was even better (five such projects adding to $18.7 billion). August’s largest groundbreaking was a $10 billion ExxonMobil ethane cracker in Texas.

Blog Feature

Economic News | Industry Snapshot | alex carrick

By: Alex Carrick
September 12th, 2019

The accompanying table records the top 10 project starts in the U.S. for August 2019.

Blog Feature

Economic News | Industry Snapshot | alex carrick

By: Alex Carrick
September 12th, 2019

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