ConstructConnect Blog

ConstructConnect Blog

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.

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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.

Blog Feature

Economic News | Industry Snapshot | alex carrick

By: Alex Carrick
August 15th, 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
August 15th, 2019

July Featured Mega Project Strength ConstructConnect announced today that the latest month’s volume of construction starts, excluding residential work, was $45.4 billion (green shaded box, Table 3 below). The month-to-month change versus June was -1.7%. July's basket of mega projects, however, was a little better than June's. July included 4 projects of more than $1 billion each for a total of $8.7 billion. June had 3 such projects for $7.1 billion. July featured ultra-large LNG terminal, refinery, hospital and airport work (see Top 10 Project Starts in the U.S. - July 2019).

Blog Feature

Economic News | Industry Snapshot | alex carrick

By: Alex Carrick
August 15th, 2019

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