February’s Nonresidential Construction Starts -42% M/M, +12% Y/Y, and +42% YTD
ConstructConnect announced today that February 2023’s volume of construction starts, excluding residential work, was $33.0 billion.
Construction Economic News
A Humdrum U.S. February Jobs Report but a Shock From JOLTS
The construction sector added +24,000 jobs in February 2023. The last time there was a drop was in January 2022, at -4,000 positions.
Alex Carrick
Mar 10, 2023
A Profound Multiples Vs. Singles Change in the U.S. Home Building Market
Since the spring of last year, monthly total U.S. housing starts (annualized) have been on a downward trajectory.
Alex Carrick
Mar 2, 2023
Top 10 Project Starts in the U.S. - January 2023
The accompanying table records the top 10 project starts in the United States for January 2023.
Alex Carrick
Feb 24, 2023
Nonresidential Construction Starts Trend Graphs - January 2023
Below are six graphs recording 12-month moving averages of ConstructConnect’s nonresidential construction starts.
Alex Carrick
Feb 24, 2023
January's Nonresidential Construction Starts +14% M/M and +67% Y/Y
ConstructConnect announced today that January 2023’s volume of nonresidential construction starts was $57.0 billion versus December’s $50.0 billion.
Alex Carrick
Feb 24, 2023
Inflation, Recession, and Construction in Game of Musical Chairs
Construction started 2023 strong, but could inflation and the threat of a recession derail the positive start to the year? See what Chief Economist...
Alex Carrick
Feb 22, 2023
Canada’s Big Jobs Advance in January Defies Expectations
Canada’s construction sector added +16,000 jobs in January 2023. In the past four months, the number of construction jobs has soared by +66,000.
Alex Carrick
Feb 14, 2023
Winning More Work Starts Here: Expert Tips, Market Trends, and Data-Driven Construction Insights
ConstructConnect empowers construction professionals with data-driven insights, market trends, and expert analysis to help you build smarter and win more work. Our blog covers preconstruction strategies, economic forecasts, tech innovations, and industry best practices. Whether you're a contractor, subcontractor, architect, or supplier, stay informed and competitive with timely, expert content. Explore our latest articles and get the insights you need to stay ahead.