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Posts Tagged ‘Economics’

Top 10 Project Starts in the U.S. – April 2017

Monday, May 22nd, 2017

Article source: ConstructConnect

The accompanying table records the top 10 project starts in the U.S. for April 2017.

2017-05-12-Top-10-US-Projects-Apr-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.
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Nonresidential Construction Starts Trend Graphs – 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.

2017-04-18-US-Nonresidential-Construction-Start-Trends-Mar-2017

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…)

ConstructConnect’s YTD Starts -2% after April Softens -7%

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.
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