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Top 10 U.S. Project Starts for August 2024

Top 10 U.S. Project Starts for August 2024

ÈȵãºÚÁÏ reported the top ten nonresidential construction starts by dollar volume in the SeptemberÌý

 

 

Last week, ÈȵãºÚÁÏ announced that the volume ofÌý—the sum of Nonresidential Building and Heavy Engineering—was $49.7 billion, a decrease of $7.8 billion or 13.5%Ìýcompared to a revised July reading of $57.5 billion through August 2024.

Chief Economist Michael Guckes said, “Through August, total year-to-date construction spending is down 2.4%. However, this small contraction hides a wide dispersion of results acrossÌý.â€

Guckes underscored the significance of wiseÌýÌýfor construction professionals like general contractors, trades, building product manufacturers, and estimators when he added, “Knowing the landscape of the construction industry will have significant benefits to firms willing and able to navigate today’s bumpyÌýterrain.”

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