The AEC Lens 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 » Nonresidential Construction Starts Trend Graphs – May 2017June 13th, 2017 by Alex Carrick, Chief Economist at ConstructConnect
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 Source and Chart: ConstructConnect. U.S. Commercial & Institutional Construction Starts ‒ ConstructConnect Source and Chart: ConstructConnect. U.S. Retail & Private Office Building Construction Starts ‒ ConstructConnect Source and Chart: ConstructConnect. U.S. Hospital/Clinic & School/College Construction Starts ‒ ConstructConnect Source and Chart: ConstructConnect. U.S. Road/Highway & Water/Sewage Construction Starts ‒ ConstructConnect Source and Chart: ConstructConnect. U.S. Bridges & Miscellaneous Civil Construction Starts ‒ ConstructConnect Source and Chart: ConstructConnect. Tags: Alex Carrick, architect, build, ConstructConnect, Contruct, Economic, Economist, house, job, market Category: ConstructConnect |