Posts Tagged ‘ConstructConnect’
Friday, June 16th, 2017
Article source: ConstructConnect
The accompanying table records the top 10 project starts in the U.S. for May 2017.
There are several reasons for highlighting upcoming large projects. Such jobs have often received a fair amount of media coverage. Therefore, people in the industry are on the lookout for when jobsite work actually gets underway. And, as showcase projects, they highlight geographically where major construction projects are proceeding.
Also, total construction activity is comprised of many small and medium-sized projects and a limited number of large developments. But the largest projects, simply by their nature, can dramatically affect total dollar and square footage volumes. In other words, the timing and size of these projects have an exaggerated influence on market forecasts.
(more…)
Tags: Alex Carrick, architect, build, Connect, construct, ConstructConnect, Economic, Economist, home, house, job
Comments Off on Top 10 Project Starts in the U.S. – May 2017
Tuesday, June 13th, 2017
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. (more…)
Tags: Alex Carrick, architect, build, ConstructConnect, Contruct, Economic, Economist, house, job, market
Comments Off on Nonresidential Construction Starts Trend Graphs – May 2017
Monday, May 22nd, 2017
Article source: ConstructConnect
The accompanying table records the top 10 project starts in the U.S. for April 2017.
There are several reasons for highlighting upcoming large projects. Such jobs have often received a fair amount of media coverage. Therefore, people in the industry are on the lookout for when jobsite work actually gets underway. And, as showcase projects, they highlight geographically where major construction projects are proceeding.
Also, total construction activity is comprised of many small and medium-sized projects and a limited number of large developments. But the largest projects, simply by their nature, can dramatically affect total dollar and square footage volumes. In other words, the timing and size of these projects have an exaggerated influence on market forecasts.
(more…)
Tags: Alex Carrick, architect, build, ConstructConnect, Construction, Economics, Economist
Comments Off on Top 10 Project Starts in the U.S. – April 2017
Thursday, May 18th, 2017
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. (more…)
Tags: Alex Carrick, build, Connect, construct, ConstructConnect, Construction, Economics, Economist
Comments Off on Nonresidential Construction Starts Trend Graphs – April 2017
Tuesday, May 16th, 2017
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.
(more…)
Tags: Alex Carrick, architect, build, Connect, construct, ConstructConnect, Economics, Economist
Comments Off on ConstructConnect’s YTD Starts -2% after April Softens -7%
Monday, April 24th, 2017
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)
(more…)
Tags: Alex Carrick, architect, build, construct, ConstructConnect, Economic, Economist
Comments Off on Nonresidential Construction Starts Trend Graphs – March 2017
Friday, April 21st, 2017
Article source: ConstructConnect
The accompanying table records the top 10 project starts in the U.S. for March 2017.
(more…)
Tags: Alex Carrick, architect, build, construct, ConstructConnect, Economic, Economist, house, Industry, job, nonresidential, residential
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Wednesday, April 19th, 2017
Article source: ConstructConnect
ConstructConnect announced today that March construction starts, excluding residential activity, were +17.8 versus February. The long-term February-to-March advance, due to seasonality, has been only +2.5%. It’s usually not until April that more accommodating weather causes a big lift in volume of about +12.0%. Spring has apparently come early for groundbreakings this year.
2017-04-18-US-Nonresidential-Construction-Starts-Mar-2017
March 2017 versus what was an exceptionally buoyant March 2016 did not fare as well, -5.9%. And year-to-date starts (Q1 2017) have been -5.1% versus January-to-March 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.
‘Nonresidential 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 February report was 60%; the latter’s was 40%.
ConstructConnect’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., March 2017) is one month ahead of the reporting period for the investment series (i.e., February 2017.)
View this information as an infographic.
(more…)
Tags: AEC, Alex Carrick, alexcarrick, architect, build, construct, ConstructConnect, Economic, Economist, Housing, job
Comments Off on Springy Bounce in ConstructConnect’s March Starts, +18%
Thursday, March 23rd, 2017
Article source: ConstructConnect
ConstructConnect announced today that February starts, excluding residential activity, nearly held their own versus an upwardly revised January. The latest month’s level of $26.2 billion was only -1.7% compared with the volume in the month before.
Throughout the long-term history of the starts, there has been a typical drop – due to weather-related factors − of -2.5% between January and February. Harsh conditions in winter can put a halt to field work. February, however, is the last in a string of months during which starts tend to decline period-to-period on account of seasonality. From March through July, the tendency is for starts to pick up from one month to the next.
Starts in February 2017 versus what was an exceptionally strong February 2016 were -9.2%. Year-to-date starts in 2017 compared with January-to-February of last year were -7.5%.
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.
‘Nonresidential 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 January report was 60%; the latter’s was 40%.
(more…)
Tags: Alex Carrick, architect, build, Connect, construct, ConstructConnect, Economist
Comments Off on ConstructConnect’s -2% February Starts Almost Hold Their Ground
Tuesday, March 21st, 2017
Article source: ConstructConnect
The accompanying table records the top 10 project starts in the U.S. for February 2017.
There are several reasons for highlighting upcoming large projects. Such jobs have often received a fair amount of media coverage. Therefore, people in the industry are on the lookout for when jobsite work actually gets underway. And, as showcase projects, they highlight geographically where major construction projects are proceeding.
(more…)
Tags: Alex Carrick, architect, construct, ConstructConnect, Economist, house, job
Comments Off on Top 10 Project Starts in the U.S. – February 2017
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