There are certainly hints that the coronavirus outbreak could be the ‘Black Swan’ that will bring the decade-long period of U.S. economic expansion to an end. Are the statistics being reported out of China accurate? How virulent is the disease? Can it realistically be contained within limited geographic regions?
Listed below are ConstructConnect’s Hot Commercial Construction Projects for the week of January 20 - 24, 2020. Our Hot Projects showcases three currently bidding or sub-bidding projects from all 50 states and the District of Columbia pulled from our extensive database of construction leads.
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The accompanying tables show the top 10 major upcoming Toronto, Ottawa, Montréal and Vancouver, Calgary, Edmonton construction industry projects in Canada. They are all in the planning stage and are mainly new projects, but may also involve additions and/or alterations.
The accompanying tables show the top 10 major upcoming California and Florida construction projects in the U.S. They are all in the planning stage and are mainly new projects, but may also involve additions and/or alterations.
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.