Dive Brief:
Nonresidential construction starts plummeted 14% in June, as project owners became spooked by the likelihood of recession in an era of rising interest raise and continued volatility in materials pricing, according to Dodge Data and Analytics.
The decline was broad, with commercial starts in sectors such as retail, warehouses and offices down 16%, manufacturing starts off 14% and institutional starts including education, healthcare and public buildings falling 12%.
“Construction ...
Dive Brief:
Nonresidential construction starts plummeted 14% in June, as project owners became spooked by the likelihood of recession in an era of rising interest raise and continued volatility in materials pricing, according to Dodge Data and Analytics.
The decline was broad, with commercial starts in sectors such as retail, warehouses and offices down 16%, manufacturing starts off 14% and institutional starts including education, healthcare and public buildings falling 12%.
“Construction ...
Megaprojects Slow to Kick In
ConstructConnect announced today that March 2022's volume of construction starts, excluding residential work, was $34.4 billion, an increase of +31.8% compared with February’s figure of $26.1 billion (previously reported as $25.7 billion).
Megaprojects Slow to Kick In
ConstructConnect announced today that March 2022's volume of construction starts, excluding residential work, was $34.4 billion, an increase of +31.8% compared with February’s figure of $26.1 billion (previously reported as $25.7 billion).
Finally, Megaprojects Galore
ConstructConnect announced today that April 2022's volume of construction starts, excluding residential work, was $52.6 billion, an increase of +50.7% (i.e., by half) versus March’s figure of $34.9 billion (previously reported as $34.4 billion).
Finally, Megaprojects Galore
ConstructConnect announced today that April 2022's volume of construction starts, excluding residential work, was $52.6 billion, an increase of +50.7% (i.e., by half) versus March’s figure of $34.9 billion (previously reported as $34.4 billion).
There’s much to cover, so let’s jump right into a discussion of some of the most interesting information to be gleaned from the latest public and private sector data releases.
There’s much to cover, so let’s jump right into a discussion of some of the most interesting information to be gleaned from the latest public and private sector data releases.