Texas, Florida boost construction starts in the South

Abstract

Total construction starts in the South region increased 13% in 2021, similar to the national start growth of 14%. The largest nonresidential sectors in the region include warehouses and education facilities. The South and Florida ranked first in the area with $88.7 billion to $100.7 million in 2022, a 7% increase. Dodge projects Oklahoma to grow its GDP by 4.4%. Mississippi and Kentucky round out the region with a projected GDP growth of 1.7% and 1.5%, respectively.

Texas, Florida boost construction starts in the South

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Texas, Florida boost construction starts in the South

constructiondive constructiondive | 1 year ago

This story is the fifth in a series looking at the health of the construction industry in regions throughout the country. Total construction starts in the South region increased 13% in 2021, similar to the national start growth of 14%, according to a Dodge Data & Analytics construction outlook webinar. “Contrary to the outmigration we’re seeing in the Northeast and the Midwest, the South has seen net migration into the region over the past two years,” said Sarah Martin, senior economist at...

Manufacturing projects boost starts in Western states

constructiondive constructiondive | 1 year ago

This story is the second in a series looking at the health of the construction industry in regions throughout the country. Total construction starts in the U.S. West region climbed 13% last year to $223.73 billion, essentially in line with national start growth of 14%, according to a Dodge Data & Analytics construction outlook webinar. Manufacturing, education and data center projects largely accounted for the boost. For 2022, Dodge forecasts manufacturing starts to reach $14.39 billion, a 47%...

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South Florida Construction Projects You Need to Know About - AccuTour.com

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There is over $6 trillion worth of commercial real estate in the United States. If you are looking for a way to create a long-term stream of income, then investing in real estate is a great idea. The key to having success with this type... The post South Florida Construction Projects You Need to Know About appeared first on AccuTour.com.