September's Nonresidential Construction Starts +26% M/M, +19% Y/Y, & +29% YTD
ConstructConnect announced today that July's volume of construction starts, excluding residential work, was $53.7 billion.
ConstructConnect announced today that July's volume of construction starts, excluding residential work, was $53.7 billion.
The accompanying table records the top 10 project starts in the United States for June 2022.
Below are six graphs recording 12-month moving averages of ConstructConnect’s nonresidential construction starts.
In mid-2022, overall inflation by some measures was approaching 9%, a 40-year high following more than a decade of historically low inflation rates.
Manufacturers should consider the tenuous position of wholesalers and be very strategic in adjusting their inventory levels to more historic norms.
Construction employment added +19,000 jobs in September, mostly from nonresidential specialty trade contractors (+11,000).
For October 2022, the national level readings for Canada and the United States for ConstructConnect's Expansion Index were 1.07 and 1.21,...
Return on investment is an essential component in the decision-making process of owners and developers of new construction projects
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