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ConstructConnect Blog

ConstructConnect Blog

Blog Feature

Industry Snapshot | alex carrick

By: Alex Carrick
November 14th, 2019

October’s Starts Defied the Usual Seasonality ConstructConnect announced today that the latest month’s volume of construction starts, excluding residential work, was $38.7 billion (green shaded box, Table 3 below),+6.5% versus September’s figure of $36.3 billion (originally reported as $34.7 billion). From September to October, there is usually a change of -4% in total nonresidential starts due to seasonality. October’s result was supported by $6 billion in mega project startups (i.e., 3 projects of more than $1 billion each), surpassing $2.3 billion of such work (from 2 projects) in September.

Blog Feature

Industry Snapshot | alex carrick

By: Alex Carrick
November 14th, 2019

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

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Blog Feature

Industry Snapshot | alex carrick

By: Alex Carrick
November 14th, 2019

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

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.

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.