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Alex Carrick, Chief Economist at ConstructConnect
Alex Carrick, Chief Economist at ConstructConnect
Alex Carrick is Chief Economist for ConstructConnect. He is a frequent contributor to the Daily Commercial News and the Journal of Commerce. He has delivered presentations throughout North America on the Canadian, United States and world construction outlooks. A trusted and often-quoted source for … More »

Defying Usual Seasonal Decline, CMD’s January Starts Rose 9.8%

 
February 17th, 2016 by Alex Carrick, Chief Economist at ConstructConnect

Article source: CMDGroup

CMD announced today that January’s level of U.S. construction starts, excluding residential work, was $24.7 billion, an increase of 9.8% versus December. The nearly double-digit percentage increase was noteworthy since there is usually (i.e., average over 10-years-plus) a December-to-January decline, due to seasonality, of 8.5%.

Compared with January of 2015, the latest month’s starts level was +12.9%. Relative to average non-residential starts in January over the preceding five years, 2011 to 2015, the gain was +18.6%.

The starts figures throughout this report are not seasonally adjusted (NSA). Nor are they altered for inflation. They are expressed in what are termed ‘current’ as opposed to ‘constant’ dollars.

‘Non-residential building’ plus ‘engineering/civil’ work accounts for a considerably larger share of total construction than residential activity. The former’s combined proportion of total put-in-place construction in the Census Bureau’s December report was 63%; the latter’s was 37%.

CMD’s construction starts are leading indicators for the Census Bureau’s capital investment or put-in-place series. Also, the reporting period for starts (i.e., January 2016) is one month ahead of the reporting period for the investment series (i.e., December 2015.)

The latest Employment Situation Report from the Bureau of Labor Statistics (BLS) records an 18,000 increase (seasonally adjusted) in the total number of construction jobs in January, but that fell short of the pick-up in each of the final three months of 2015. December was +48,000; November, +65,000; and October, +33,000.

Year-over-year employment in construction in January was +4.2%, more than double the rate for all jobs (+1.9%), but the pace of increase has been decelerating since December 2014’s +6.1%. Construction’s not-seasonally-adjusted unemployment rate in January was 8.5%. In January 2015, it had been 9.8%; in January 2014, 12.3%; and in January 2013, 16.1%.

Before there can be on-site construction activity, projects must be contemplated and planned by owners and rendered into working drawings by design professionals. Total jobs in architectural and engineering services in January were +0.2% month to month and +2.3% year over year. They are approaching, but have not yet reached, their pre-Great Recession peak.

All three major type-of-structure categories managed month-to-month starts increases in January. Institutional (+21.3%) was the leader, followed by heavy engineering/civil (+13.6%), with commercial (+3.8%) also ahead, but to a modest degree. The normally smaller-dollar-volume category of industrial/manufacturing (-49.1%) fell back by almost half, but it can swing wildly from one month to the next, based on whether or not there is a go-ahead for a mega project.

Comparing standalone January 2016 with its counterpart in 2015, there were increases in all categories. Engineering (+20.1%) recorded the largest leap forward, followed by commercial (+13.2%) and industrial (+10.3%). The improvement in institutional (+2.6%) was restrained.

Within engineering starts in January, ‘road/highway’ work was dominant, accounting for nearly 50% of the category’s total. Such street starts, in the latest period, were +42.8% month to month (m/m) and +39.3% year over year (y/y). ‘Water and sewage’ work is the second-largest sub-component of engineering and in January, it was -0.2% m/m, but +9.2% y/y. Also significant in the civil category, ‘bridge’ starts were +6.3% m/m and +56.1% y/y.

The ‘hotel/motel’ and ‘retail/shopping’ sub-components tied for largest dollar volumes in the commercial category in Table 1. The former was an outstanding +141.1% m/m and +136.7% y/y, while the latter also impressed with +40.0% m/m and +63.1% y/y. Private office buildings continued to disappoint, -3.4% m/m and -20.3% y/y, but government office buildings quickened their pace, +66.0% m/m and +65.2% y/y.

Accounting for nearly 60% of institutional starts in January, the ‘school/college’ sub-category was +39.7% m/m and +10.2% y/y. ‘Hospital/clinic’ work accounts for the next biggest slice of institutional projects and in January, it was +11.8% m/m, but -19.7% y/y.

Across all structure types, there were four sub-categories that performed much better in the kick-off month of 2016 than on average during January of the previous five years: ‘hotels/motels’, +227.7%; ‘roads/highways’, +52.4%; ‘bridges’, +51.8%; and ‘warehouses’, +34.3%.

Table 2 below re-orders and provides more detail on some of the type-of-structure categories in Table 1. The reasons for this ‘second view’ are set out in the footnote.

The ‘Top 10’ projects are widely dispersed geographically. Ten states are represented. In other words, no state accounts for more than one groundbreaking. Also, unlike some earlier months, there were no individual projects that topped $1 billion in value.

The 12-month moving average trend-line graphs show only one non-residential building category, ‘retail’, sloping higher while engineering/civil work has three subsets gently climbing upwards − ‘roads/highways’, ‘water/sewage’ and ‘bridges’. Still struggling are ‘private office buildings’, ‘schools/colleges’ and ‘hospitals/clinics’.

The economy-wide unemployment rate in January tightened to 4.9%. Year-over-year compensation increases were a consistent +2.5% hourly and weekly, both for all workers and excluding supervisory personnel. Omitting bosses, the construction sector’s wage hikes were a little slower, +1.6% hourly and +1.9% weekly. Including them, its earnings gains rose to +2.1% hourly (still slower than for all jobs), but +2.9% weekly (faster than for all jobs).

The value of construction starts each month is summarized from CMD’s database of all active construction projects in the U.S. Missing project values are estimated with the help of RSMeans’ building cost models.

CMD’s non-residential construction starts series, because it is comprised of total-value estimates for individual projects, some of which are ultra-large, has a history of being more volatile than many other leading indicators for the economy.

A “start” is determined by taking the announced bid date and adding a short time lag (30 to 60 days). CMD continues to follow the project via its network of researchers. If it is abandoned or re-bid, the start date is updated to reflect the new information.

TABLE 1: VALUE OF UNITED STATES CONSTRUCTION STARTS
(BILLIONS OF CURRENT $S US) – JANUARY 2016 – CMD

Previous Annual Latest Month
% Change % Change
2015 % Change Jan 2016 (Jan 16 vs  (Jan 16 vs
($ billions) (2015 vs 2014) ($ billions) Jan 15) Dec 15)
Hotel/Motel 9.329 8.1% 1.506 136.7% 141.1%
Retail/Shopping 19.599 10.2% 1.505 63.1% 40.0%
Parking Garage 2.268 13.0% 0.082 -64.3% -12.7%
Amusement 5.607 -19.0% 0.351 -4.0% -17.8%
Private Office 12.246 -30.3% 1.256 -20.3% -3.4%
Government Office 9.409 -15.7% 0.947 65.2% 66.0%
Laboratory 2.351 -1.0% 0.128 289.7% -0.5%
Warehouse 10.460 41.5% 0.610 -0.3% -22.2%
Misc. Commercial* 12.797 13.0% 0.652 -48.7% -63.3%
COMMERCIAL (big subset) 84.064 -1.3% 7.037 13.2% 3.8%
INDUSTRIAL (Manufacturing) 12.783 32.9% 0.464 10.3% -49.1%
Religious 1.574 8.9% 0.153 -10.6% 21.8%
Hospital/Clinic 12.274 -13.0% 1.167 -19.7% 11.8%
Nursing/Assisted Living 5.037 21.6% 0.398 -37.4% -1.5%
Library/Museum 1.776 -20.7% 0.159 101.2% 38.9%
Fire/Police/Courthouse/Prison 5.710 47.4% 0.223 -17.4% -35.3%
Military 5.888 -45.4% 0.452 148.9% 23.3%
School/College 53.589 -3.1% 3.890 10.2% 39.7%
Misc. Medical 2.913 15.3% 0.304 19.1% -19.6%
INSTITUTIONAL 88.761 -6.0% 6.745 2.6% 21.3%
Misc. Non-residential 4.564 15.6% 0.434 40.0% 4.1%
NON-RES. BUILDING 190.172 -1.6% 14.680 8.5% 7.4%
Airport 3.182 -2.4% 0.027 -65.4% -50.4%
Road/Highway 51.559 9.1% 4.807 39.3% 42.8%
Bridge 12.733 11.7% 1.465 56.1% 6.3%
Dam/Marine 5.915 16.6% 0.254 -53.0% -28.7%
Water/Sewage 28.605 11.0% 2.083 9.2% -0.2%
Misc. Civil (Power, etc.) 20.900 15.3% 1.415 -2.8% -12.0%
HEAVY ENGINEERING (Civil) 122.895 10.8% 10.051 20.1% 13.6%
TOTAL 313.068 3.0% 24.731 12.9% 9.8%

*Includes transportation termninals and sports arenas.

Source: CMD Research Group.
Table: CMD.

TABLE 2: VALUE OF UNITED STATES CONSTRUCTION STARTS
CMD INSIGHT VERSION – JANUARY 2016
Arranged to match the alphabetical category drop-down menus in INSIGHT

Previous Annual Latest Month
  % Change % Change
2015 % Change January 16 Jan 16 vs Jan 16 vs
($ billions) (15 vs 14) ($ billions) Jan 15 Dec 15
Summary
CIVIL 122.895 10.8% 10.051 20.1% 13.6%
NON-RESIDENTIAL BUILDING 190.172 -1.6% 14.680 8.5% 7.4%
RESIDENTIAL 220.044 6.7% 15.238 -2.0% -14.0%
GRAND TOTAL 533.111 4.5% 39.969 6.7% -0.7%
Verticals
Airport 3.182 -2.4% 0.027 -65.4% -50.4%
All Other Civil 19.420 9.0% 1.314 -0.2% -15.6%
Bridges 12.733 11.7% 1.465 56.1% 6.3%
Dams / Canals / Marine Work 5.915 16.6% 0.254 -53.0% -28.7%
Power Infrastructure 1.481 376.4% 0.102 -27.5% 94.0%
Roads 51.559 9.1% 4.807 39.3% 42.8%
Water and Sewage Treatment 28.605 11.0% 2.083 9.2% -0.2%
CIVIL 122.895 10.8% 10.051 20.1% 13.6%
Offices (private) 12.246 -30.3% 1.256 -20.3% -3.4%
Parking Garages 2.268 13.0% 0.082 -64.3% -12.7%
Transportation Terminals 6.750 25.7% 0.489 0.1% -43.9%
Commercial (small subset) 21.263 -14.8% 1.827 -20.4% -19.4%
Amusement 5.607 -19.0% 0.351 -4.0% -17.8%
Libraries / Museums 1.776 -20.7% 0.159 101.2% 38.9%
Religious 1.574 8.9% 0.153 -10.6% 21.8%
Sports Arenas / Convention Centers 6.047 1.6% 0.163 -79.2% -82.0%
Community 15.004 -9.4% 0.826 -40.9% -47.4%
College / University 17.578 -12.6% 0.986 -31.7% 52.3%
Elementary / Pre School 17.818 6.9% 1.369 18.7% 31.4%
Jr / Sr High School 16.796 -3.6% 1.434 60.8% 46.1%
Special / Vocational 1.396 25.2% 0.101 145.7% -11.7%
Educational 53.589 -3.1% 3.890 10.2% 39.7%
Courthouses 1.141 19.7% 0.033 -73.6% -46.5%
Fire and Police Stations 1.948 14.0% 0.133 39.0% -19.6%
Government Offices 9.409 -15.7% 0.947 65.2% 66.0%
Prisons 2.621 116.5% 0.057 15.3% -51.7%
Government 15.119 0.5% 1.170 38.8% 27.8%
Industrial Labs / Labs / School Labs 2.351 -1.0% 0.128 289.7% -0.5%
Manufacturing 12.783 32.9% 0.464 10.3% -49.1%
Warehouses 10.460 41.5% 0.610 -0.3% -22.2%
Industrial 25.594 32.1% 1.202 12.9% -34.1%
Hospitals / Clinics 12.274 -13.0% 1.167 -19.7% 11.8%
Medical Misc. 2.913 15.3% 0.304 19.1% -19.6%
Nursing Homes 5.037 21.6% 0.398 -37.4% -1.5%
Medical 20.224 -2.7% 1.868 -20.3% 2.3%
Military 5.888 -45.4% 0.452 148.9% 23.3%
Hotels 9.329 8.1% 1.506 136.7% 141.1%
Retail Misc. 4.564 15.6% 0.434 40.0% 4.1%
Shopping 19.599 10.2% 1.505 63.1% 40.0%
Retail 33.492 10.3% 3.445 84.4% 62.8%
NON-RESIDENTIAL BUILDING 190.172 -1.6% 14.680 8.5% 7.4%
Multi-Family 47.423 -6.4% 3.401 -18.0% -29.8%
Single-Family 172.620 11.0% 11.837 3.8% -8.0%
RESIDENTIAL 220.044 6.7% 15.238 -2.0% -14.0%
NON-RESIDENTIAL 313.068 3.0% 24.731 12.9% 9.8%
GRAND TOTAL 533.111 4.5% 39.969 6.7% -0.7%

Table 1 conforms to the type-of-structure ordering adopted by many firms and organizations in the industry. Specifically, it breaks non-residential building into ICI work (i.e., industrial, commercial and institutional), since each has its own set of economic and demographic drivers. Table 2 presents an alternative, perhaps more user-friendly and intuitive type-of-structure ordering that matches how the data appears in CMD’s on-line product ‘Insight’.

Source: CMD.
Table: CMD.

TABLE 3: VALUE OF UNITED STATES NATIONAL
CONSTRUCTION STARTS – JANUARY 2016 – CMD
Billions of current $s, not seasonally adjusted (NSA)

Latest month actuals Moving averages (placed in end month) Year to Date.
3-months 12-months jan jan
nov 15 dec 15 jan 16 nov 15 dec 15 jan 16 nov 15 dec 15 jan 16 2015 2016
Single
Family
13.576 12.864 11.837 14.859 13.686 12.759 14.358 14.385 14.421 11.408 11.837
   month-
over-
month % change
-7.1% -5.2% -8.0% -5.8% -7.9% -6.8% 0.7% 0.2% 0.2%
   year-over-
year % change
9.9% 2.6% 3.8% 15.5% 11.2% 5.5% 11.5% 11.0% 11.0% 3.9% 3.8%
Apartment 3.865 4.846 3.401 3.492 4.042 4.037 3.842 3.952 3.890 4.148 3.401
   month-
over-
month % change
13.2% 25.4% -29.8% 5.5% 15.8% -0.1% -1.0% 2.9% -1.6%
   year-over-
year % change
-10.5% 37.5% -18.0% -8.6% 11.6% 1.0% -8.8% -6.4% 0.1% -49.3% -18.0%
TOTAL RESIDEN-
TIAL
17.441 17.710 15.238 18.351 17.728 16.796 18.200 18.337 18.311 15.555 15.238
   month-over-
month % change
-3.3% 1.5% -14.0% -3.8% -3.4% -5.3% 0.4% 0.8% -0.1%
   year-over-
year % change
4.6% 10.3% -2.0% 10.0% 11.3% 4.3% 6.5% 6.7% 8.5% -18.8% -2.0%
Hotel/
Motel
1.038 0.625 1.506 0.690 0.671 1.056 0.776 0.777 0.850 0.636 1.506
   month-
over-
month % change
195.3% -39.8% 141.1% -2.0% -2.7% 57.4% 3.0% 0.2% 9.3%
   year-
over-
year % change
35.6% 3.5% 136.7% -14.9% -9.1% 58.0% 7.2% 8.1% 17.7% 6.1% 136.7%
Retail 1.559 1.075 1.505 1.818 1.289 1.380 1.637 1.633 1.682 0.922 1.505
   month-
over-
month % change
26.4% -31.1% 40.0% 0.0% -29.1% 7.0% 1.7% -0.3% 3.0%
   year-over-
year % change
26.5% -4.4% 63.1% 26.9% 9.0% 26.2% 10.4% 10.2% 15.5% -24.7% 63.1%
Parking Garages 0.178 0.094 0.082 0.149 0.144 0.118 0.201 0.189 0.177 0.230 0.082
   month-
over-
month % change
11.2% -47.3% -12.7% 33.3% -3.4% -18.1% -1.8% -6.2% -6.5%
   year-over-
year % change
-19.7% -61.3% -64.3% -4.5% -26.1% -49.0% 27.5% 13.0% -2.4% 253.3% -64.3%
Amuse-
ment
0.418 0.427 0.351 0.377 0.436 0.398 0.465 0.467 0.466 0.365 0.351
   month-
over-
month % change
-10.0% 2.1% -17.8% -5.7% 15.6% -8.7% -0.8% 0.5% -0.3%
   year-over-
year %
change
-9.7% 7.5% -4.0% -51.6% -14.7% -2.4% -20.6% -19.0% -17.0% -33.6% -4.0%
Office 0.738 1.300 1.256 0.864 1.146 1.098 1.029 1.020 0.994 1.577 1.256
   month-
over-
month % change
-47.2% 76.1% -3.4% -8.9% 32.6% -4.1% -2.4% -0.8% -2.6%
   year-over-
year %
change
-29.1% -6.9% -20.3% -35.5% -18.1% -17.9% -32.9% -30.3% -30.4% -21.8% -20.3%
Govern-mental
Offices
0.584 0.570 0.947 0.684 0.623 0.700 0.805 0.784 0.815 0.573 0.947
   month-
over-
month % change
-18.3% -2.3% 66.0% -22.4% -8.9% 12.4% -3.4% -2.6% 4.0%
   year-over-
year %
change
-36.5% -30.6% 65.2% -35.0% -34.5% -9.2% -12.6% -15.7% -8.7% -44.1% 65.2%
Labora-tories 0.117 0.129 0.128 0.270 0.133 0.125 0.195 0.196 0.204 0.033 0.128
   month-
over-
month % change
-24.5% 10.6% -0.5% 4.5% -50.6% -6.5% -2.8% 0.2% 4.1%
   year-over-
year %
change
-37.1% 4.1% 289.7% 129.5% 7.6% 9.3% -0.6% -1.0% 9.4% -80.9% 289.7%
Ware-
house
1.683 0.784 0.610 1.072 1.037 1.026 0.845 0.872 0.872 0.611 0.610
   month-
over-
month % change
162.0% -53.4% -22.2% 47.9% -3.3% -1.1% 13.5% 3.1% 0.0%
   year-over-
year %
change
255.4% 67.3% -0.3% 49.4% 94.3% 98.1% 37.4% 41.5% 39.8% 17.1% -0.3%
Misc Commer-
cial
0.571 1.775 0.652 0.763 1.280 0.999 1.044 1.066 1.015 1.271 0.652
   month-
over-
month % change
-61.8% 211.1% -63.3% -10.6% 67.7% -21.9% -0.5% 2.1% -4.8%
   year-over-
year % change
-10.3% 17.4% -48.7% -8.9% 12.5% -12.3% 10.2% 13.0% -0.9% 315.6% -48.7%
TOTAL COMMER-
CIAL
6.886 6.779 7.037 6.687 6.759 6.900 6.998 7.005 7.074 6.218 7.037
   month-
over-
month % change
4.1% -1.6% 3.8% -0.2% 1.1% 2.1% 1.1% 0.1% 1.0%
   year-over-
year %
change
16.0% 1.3% 13.2% -7.7% -0.2% 9.8% -2.3% -1.3% 0.0% -4.1% 13.2%
TOTAL INDUS-
TRIAL  (Manu-facturing)
0.148 0.912 0.464 0.211 0.391 0.508 1.012 1.065 1.069 0.421 0.464
   month-
over-
month % change
30.0% 516.8% -49.1% -22.4% 85.5% 29.9% -9.5% 5.3% 0.3%
   year-over-
year %
change
-89.6% 240.4% 10.3% -73.2% -54.0% -28.0% 22.5% 32.9% 36.9% -37.1% 10.3%
Religious 0.099 0.126 0.153 0.110 0.123 0.126 0.130 0.131 0.130 0.172 0.153
   month-
over-
month % change
-30.9% 27.5% 21.8% 1.7% 11.7% 2.9% 0.5% 0.8% -1.2%
   year-over-
year %
change
8.3% 10.9% -10.6% -3.0% 15.7% 0.4% 6.0% 8.9% 2.7% 68.7% -10.6%
Hosptials/
Clinics
1.767 1.044 1.167 1.158 1.319 1.326 1.054 1.023 0.999 1.453 1.167
   month-
over-
month % change
54.4% -40.9% 11.8% 18.0% 13.9% 0.6% 2.5% -2.9% -2.3%
   year-over-
year % change
21.0% -26.1% -19.7% -12.3% 0.9% -8.0% -9.5% -13.0% -13.5% -14.5% -19.7%
Nursing/
Assisted Living
0.460 0.404 0.398 0.492 0.439 0.420 0.418 0.420 0.400 0.635 0.398
   month-
over-
month % change
1.9% -12.3% -1.5% 2.2% -10.9% -4.1% 3.2% 0.5% -4.7%
   year-over-
year %
change
50.8% 6.5% -37.4% 21.9% 18.4% -4.4% 20.6% 21.6% 9.1% 66.7% -37.4%
Libraries/
Museums
0.088 0.114 0.159 0.131 0.113 0.120 0.156 0.148 0.155 0.079 0.159
   month-
over-
month % change
-34.9% 29.9% 38.9% -29.5% -14.0% 7.0% -0.4% -5.4% 4.5%
   year-over-
year %
change
-7.7% -46.9% 101.2% -8.5% -21.8% -7.3% -18.1% -20.7% -18.0% 45.6% 101.2%
Police/
Court-house/
Prison
0.472 0.345 0.223 0.437 0.399 0.347 0.484 0.476 0.472 0.270 0.223
   month-over-month % change 24.1% -26.9% -35.3% 8.2% -8.7% -13.1% 3.7% -1.6% -0.8%
   year-over-
year %
change
77.9% -21.3% -17.4% 52.3% 20.8% 6.8% 56.9% 47.4% 41.4% 95.0% -17.4%
Military 0.700 0.367 0.452 0.837 0.730 0.506 0.472 0.491 0.513 0.182 0.452
   month-
over-
month % change
-37.6% -47.6% 23.3% 2.2% -12.8% -30.6% -8.2% 4.0% 4.6%
   year-over-
year %
change
-42.0% 158.5% 148.9% -8.4% 1.1% -0.8% -48.2% -45.4% -41.4% -60.9% 148.9%
Schools/
Colleges
3.357 2.785 3.890 3.479 3.157 3.344 4.575 4.466 4.496 3.530 3.890
   month-over-month % change 0.8% -17.1% 39.7% -14.7% -9.3% 5.9% 0.3% -2.4% 0.7%
   year-over-
year % change
4.5% -31.9% 10.2% -17.2% -25.5% -7.4% -0.1% -3.1% -3.2% 14.4% 10.2%
Misc
Govern-
ment
0.133 0.378 0.304 0.136 0.220 0.271 0.224 0.243 0.247 0.255 0.304
   month-over-month % change -12.0% 185.2% -19.6% -25.9% 62.1% 23.2% -4.8% 8.4% 1.7%
   year-over-
year %
change
-50.5% 147.0% 19.1% -42.1% 6.3% 20.5% -1.5% 15.3% 20.8% -22.9% 19.1%
TOTAL INSTITU- TIONAL 7.077 5.562 6.745 6.780 6.499 6.462 7.512 7.397 7.411 6.576 6.745
   month-over-month % change 3.2% -21.4% 21.3% -6.4% -4.1% -0.6% 0.2% -1.5% 0.2%
   year-over-
year %
change
2.5% -19.9% 2.6% -11.0% -12.4% -5.1% -4.3% -6.0% -6.2% 5.1% 2.6%
Misc Non Residential 0.396 0.417 0.434 0.394 0.430 0.415 0.372 0.380 0.391 0.310 0.434
   month-over-month % change -17.0% 5.2% 4.1% -7.6% 9.1% -3.4% -0.8% 2.4% 2.7%
   year-over-
year %
change
-8.5% 33.9% 40.0% 13.4% 25.3% 18.3% 13.9% 15.6% 19.0% -2.4% 40.0%
TOTAL NON-RES BUILD-ING 14.507 13.669 14.680 14.072 14.080 14.285 15.893 15.848 15.944 13.525 14.680
   month-over-month % change 3.2% -5.8% 7.4% -3.9% 0.1% 1.5% -0.1% -0.3% 0.6%
   year-over-
year % change
-1.3% -3.8% 8.5% -12.0% -8.5% 1.0% -1.7% -1.6% -0.9% -1.5% 8.5%
Airports 0.231 0.055 0.027 0.378 0.228 0.104 0.264 0.265 0.261 0.078 0.027
   month-
over-
month % change
-42.3% -76.3% -50.4% -26.4% -39.7% -54.4% -2.7% 0.5% -1.6%
   year-over-
year %
change
-27.8% 36.7% -65.4% 8.6% -0.4% -28.6% -3.9% -2.4% -1.8% -48.3% -65.4%
Roads/
Highways
3.782 3.367 4.807 3.820 3.577 3.985 4.308 4.297 4.410 3.450 4.807
   month-over-month % change 5.6% -11.0% 42.8% -17.4% -6.4% 11.4% 0.8% -0.3% 2.6%
   year-over-
year %
change
12.0% -3.8% 39.3% -1.5% -0.3% 15.8% 9.9% 9.1% 10.7% 19.6% 39.3%
Bridges 1.317 1.378 1.465 1.008 1.177 1.387 1.043 1.061 1.105 0.939 1.465
   month-over-month % change 57.8% 4.7% 6.3% 10.4% 16.8% 17.9% 2.7% 1.8% 4.1%
   year-over-
year %
change
33.6% 19.3% 56.1% 26.8% 34.3% 35.1% 11.5% 11.7% 15.4% 10.7% 56.1%
Dams/
Marine
0.512 0.356 0.254 0.620 0.575 0.374 0.508 0.493 0.469 0.541 0.254
   month-over-month % change -40.3% -30.4% -28.7% 3.0% -7.3% -35.0% -1.9% -2.9% -4.9%
   year-over-
year % change
-18.6% -33.0% -53.0% 0.7% -6.9% -34.1% 20.4% 16.6% 5.4% 96.8% -53.0%
Water/
Sewage
2.071 2.087 2.083 2.359 2.273 2.080 2.411 2.384 2.398 1.906 2.083
   month-over-month % change -22.2% 0.8% -0.2% -17.4% -3.6% -8.5% 0.0% -1.1% 0.6%
   year-over-
year %
change
-0.4% -13.6% 9.2% 8.6% 0.9% -2.5% 14.8% 11.0% 10.2% 22.6% 9.2%
Misc Civil 1.405 1.608 1.415 2.094 1.577 1.476 1.737 1.742 1.738 1.456 1.415
   month-over-month % change -18.2% 14.5% -12.0% -11.0% -24.7% -6.4% -1.7% 0.3% -0.2%
   year-over-
year %
change
-20.2% 3.7% -2.8% 44.2% 7.3% -7.1% 15.5% 15.3% 13.7% 18.5% -2.8%
TOTAL
ENGI-
NEERING
9.317 8.852 10.051 10.279 9.407 9.407 10.270 10.241 10.381 8.371 10.051
   month-over-month % change -7.3% -5.0% 13.6% -13.4% -8.5% 0.0% 0.1% -0.3% 1.4%
   year-over-
year %
change
1.8% -3.7% 20.1% 11.0% 4.2% 5.6% 12.2% 10.8% 10.9% 20.6% 20.1%
GRAND
TOTAL
41.265 40.231 39.969 42.702 41.215 40.488 44.363 44.426 44.636 37.451 39.969
   month-over-
month % change
-2.1% -2.5% -0.7% -6.3% -3.5% -1.8% 0.1% 0.1% 0.5%
   year-over-
year %
change
1.8% 1.9% 6.7% 1.8% 2.2% 3.4% 4.6% 4.5% 5.5% -6.0% 6.7%
NON-RES BLDG +
ENGI-
NEERING
23.824 22.521 24.731 24.351 23.486 23.692 26.163 26.089 26.325 21.896 24.731
   month-
over-
month % change
-1.2% -5.5% 9.8% -8.1% -3.6% 0.9% 0.0% -0.3% 0.9%
 year-over-
year % change
-0.1% -3.8% 12.9% -3.6% -3.8% 2.8% 3.3% 3.0% 3.5% 5.9% 12.9%

Data Source and Table: CMD.

TABLE 4: U.S. YEAR-TO-DATE REGIONAL STARTS
NON-RESIDENTIAL CONSTRUCTION * — CMD

JanUARY 2015 JanUARY 2016 % Change
Connecticut $209,866,807 $434,072,685 106.8%
Maine $44,395,244 $27,307,336 -38.5%
Massachusetts $471,961,429 $331,122,647 -29.8%
New Hampshire $81,819,630 $112,476,167 37.5%
Rhode Island $74,868,306 $39,370,836 -47.4%
Vermont $50,832,153 $20,231,510 -60.2%
Total New England $933,743,569 $964,581,181 3.3%
New Jersey $623,256,580 $465,011,477 -25.4%
New York $1,307,880,005 $1,107,584,550 -15.3%
Pennsylvania $451,099,382 $858,588,375 90.3%
Total Middle Atlantic $2,382,235,967 $2,431,184,402 2.1%
TOTAL NORTHEAST $3,315,979,536 $3,395,765,583 2.4%
Illinois $1,198,442,130 $757,024,784 -36.8%
Indiana $229,707,147 $572,201,051 149.1%
Michigan $468,136,922 $299,679,419 -36.0%
Ohio $625,909,170 $552,203,612 -11.8%
Wisconsin $374,242,053 $278,095,097 -25.7%
Total East North Central $2,896,437,422 $2,459,203,963 -15.1%
Iowa $307,516,790 $271,410,913 -11.7%
Kansas $569,219,624 $116,645,195 -79.5%
Minnesota $358,920,433 $267,360,452 -25.5%
Missouri $671,263,690 $465,204,702 -30.7%
Nebraska $143,090,725 $237,795,225 66.2%
North Dakota $167,985,217 $167,457,719 -0.3%
South Dakota $102,108,418 $106,419,154 4.2%
Total West North Central $2,320,104,897 $1,632,293,360 -29.6%
TOTAL MIDWEST $5,216,542,319 $4,091,497,323 -21.6%
Delaware $13,752,141 $17,966,622 30.6%
District of Columbia $151,760,717 $260,574,814 71.7%
Florida $861,347,049 $1,190,351,437 38.2%
Georgia $449,879,136 $1,007,986,269 124.1%
Maryland $198,132,255 $468,546,937 136.5%
North Carolina $963,262,348 $581,164,576 -39.7%
South Carolina $416,289,151 $723,852,817 73.9%
Virginia $488,967,514 $617,240,844 26.2%
West Virginia $190,160,783 $67,891,361 -64.3%
Total South Atlantic $3,733,551,094 $4,935,575,677 32.2%
Alabama $348,544,941 $246,327,958 -29.3%
Kentucky $207,419,411 $766,024,306 269.3%
Mississippi $186,708,623 $133,375,843 -28.6%
Tennessee $861,057,531 $756,995,988 -12.1%
Total East South Central $1,603,730,506 $1,902,724,095 18.6%
Arkansas $205,883,276 $294,919,411 43.2%
Louisiana $259,916,426 $320,899,002 23.5%
Oklahoma $520,029,577 $595,117,233 14.4%
Texas $2,207,415,996 $3,831,152,988 73.6%
Total West South Central $3,193,245,275 $5,042,088,634 57.9%
TOTAL SOUTH $8,530,526,875 $11,880,388,406 39.3%
Arizona $238,165,374 $405,073,503 70.1%
Colorado $329,201,712 $225,352,396 -31.5%
Idaho $91,492,394 $62,718,300 -31.4%
Montana $66,260,371 $46,012,193 -30.6%
Nevada $86,200,127 $153,447,834 78.0%
New Mexico $120,960,804 $207,225,717 71.3%
Utah $149,701,130 $243,718,368 62.8%
Wyoming $78,505,289 $54,240,639 -30.9%
Total Mountain $1,160,487,201 $1,397,788,950 20.4%
Alaska $77,472,640 $298,971,089 285.9%
California $2,853,917,154 $2,658,671,184 -6.8%
Hawaii $75,297,183 $271,248,014 260.2%
Oregon $300,504,148 $284,602,577 -5.3%
Washington $365,247,272 $452,225,844 23.8%
Total Pacific $3,672,438,397 $3,965,718,708 8.0%
TOTAL WEST $4,832,925,598 $5,363,507,658 11.0%
TOTAL U.S. $21,895,974,328 $24,731,158,970 12.9%

*Figures above are comprised of non-res building and engineering (i.e., residential is omitted).

Data Source and Table: CMD.

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