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 […]

ConstructConnect announced today that April’s volume of construction starts, excluding residential activity, was $42.5 billion. The latest month-to-month change was +14.3%. Moving from March to April usually accounts for the biggest gain due to seasonality. The long-term average increase in starts between the third and fourth months of the year has been +12.0%. April of […]

ConstructConnect announced today that March’s volume of construction starts, excluding residential activity, was $36.3 billion. The latest month-to-month change in the volume of starts was +46.1%. The major reason for the big jump upwards was an initiation of work on a mega project, the Atlantic Coast natural gas pipeline, with an estimated value of $5.5 […]