ConstructConnect announced today that August’s volume of construction starts, excluding residential activity, was $33.1 billion − a month-to-month change of -18.9%. The long-term history of the starts data records a ‘normal’ change of -3.5% from July to August, due to seasonality. (Starts are traditionally strongest in Spring and early Summer.) Compared with August of last […]

ConstructConnect announced today that July’s volume of construction starts, excluding residential activity, was $38.8 billion − a month-to-month change of -6.2%. Historically, there has been a June to July climb, thanks to favorable seasonality, of +3.5%. July, though, is usually the last month of the year in which the bias, due to construction-friendly weather, is […]

ConstructConnect announced today that June’s volume of construction starts, excluding residential activity, was $39.8 billion – a month-to-month change of -24.7%. The one-quarter drop was not due to market conditions. Rather, the comparison of June versus May suffered from the latter including Foxconn Technology’s $10 billion industrial plant in Wisconsin. June relative to May exclusive […]

ConstructConnect announced today that May’s volume of construction starts, excluding residential activity, was $50.9 billion — a month-to-month change of +14.1%. The historical ‘seasonality’ improvement from April to May has been +8%. But it wasn’t the balmier time of year that drove May’s starts upward. Rather, the latest month was boosted by big hotel and […]