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 the media, Mr. Carrick holds a Masters in Economics. « Less
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
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).
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