Nonresidential Construction Pales Beside Residential ConstructConnect announced today that May 2021’s volume of construction starts, excluding residential work, was $32.5 billion (green shaded box, Table 8 below), a decline of -2.0% versus April 2021’s $33.2 billion (originally reported as $31.5 billion).
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Wind Power Projects in Missouri and Texas Head Top 10 List ConstructConnect announced today that April 2021’s volume of construction starts, excluding residential work, was $31.5 billion, a decrease of -5.9% versus March 2021’s $33.4 billion (originally reported as $32.2 billion). The m/m pullback was entirely due to softness in nonresidential building starts, -23.4%, as heavy engineering/civil starts were +25.3%.
Tough Competing with ‘Normal’ but 3 Mega Projects Helped ConstructConnect announced today that March 2021’s volume of construction starts, excluding residential work, was $32.2 billion, an increase of +60.1% versus February’s distressed level of only $20.1 billion (see green shaded box, bottom of Table 8 below).
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