Tag: nonresidential
By major sector, nonbuilding starts climbed 82 percent higher over the month while nonresidential starts improved 61 percent. Residential starts, meanwhile, were flat from October to November.
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The October statistics lowered the Dodge Index to 147, compared to 166 in September, according to Dodge Data & Analytics.
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This marks the second consecutive monthly decline in construction starts, following a 6 percent pullback in August, Dodge Data & Analytics reports.
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Aggregate and asphalt volumes were ahead of 2018 due to milder weather in the certain regions, the company reports.
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New construction starts in February dropped 3 percent from the previous month, according to Dodge Data & Analytics, to a seasonally-adjusted annual rate of $697.4 billion.
Read MoreThe Dodge Momentum Index continues to trend upward, growing by 0.8 percent in June to 165.5.
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Summit Materials released its 2017 year-end and fourth-quarter results. Find out how the construction materials producer fared.
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Martin Marietta reports that its building materials revenues in 2017 were about $3.69 billion, up about 3.7 percent from the mark achieved in 2016.
Read MoreThe Dodge Momentum Index moved lower in August, falling 2.4 percent to 129.1 (2000=100) from its revised July reading of 132.2.
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