Article source: ConstructConnect
ConstructConnect announced today that its April construction starts, excluding residential activity, were -7% versus March. The usual seasonal pattern is for a 12% increase month to month at this time of year, as blustery winter mellows into gentler spring.
April of this year compared with average April results over the prior five years, 2012-2016, was +17.6%. Year-to-date starts so far in 2017 have been -2% compared with the same first four months of last year.
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.
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