Article source: ConstructConnect
Clichés are often true and it is the case that a picture can be worth a thousand words.
Below are six graphs recording 12-month moving averages of ConstructConnect ’s nonresidential construction starts.
When the value of the current month is higher than for the same month a year ago, the line will turn up; when lower, it will dip.
String a couple of similar positive or negative directional changes together over several months and one has a trend.
And that’s what the graphs are designed to do, show improving or deteriorating trends in a dozen major and more granular categories of construction work.
U.S. Nonresidential Construction Starts ‒ ConstructConnect
(12-month moving averages)
Source and Chart: ConstructConnect.
U.S. Commercial & Institutional Construction Starts ‒ ConstructConnect
(12-month moving averages)
