Open side-bar Menu
 The AEC Lens

Archive for May 16th, 2016

ConstructConnect’s Starts Continue Winning Trend in April

Monday, May 16th, 2016

Article source: ConstructConnect

ConstructConnect announced today that April’s level of U.S. construction starts, excluding residential work, was $30.1 billion, a further climb of +8.1% month to month on top of March’s leap of +14.0%. Since the usual or long-term average gains in March and April, due to seasonality, are +2.5% and +12.0%, the kick-off to 2016’s spring has been more than kind to the construction sector.

Comparing April of this year with what was an admittedly lackluster same fourth month of last year, the change was an outsized +30.7%. That’s approaching one-third higher. The level of year-to-date starts in 2016 has been +14.5% versus the January to April time frame of 2015.

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 March report was 60%; the latter’s was 40%.
(more…)




© 2024 Internet Business Systems, Inc.
670 Aberdeen Way, Milpitas, CA 95035
+1 (408) 882-6554 — Contact Us, or visit our other sites:
TechJobsCafe - Technical Jobs and Resumes EDACafe - Electronic Design Automation GISCafe - Geographical Information Services  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise