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title
Construction Starts Move Lower In January | Dodge Construction Network
excerpt
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 Anticipate where the construction market is headed—and why it matters Construction Starts Move Lower In JanuaryConstruction Starts Move Lower in January HAMILTON, N.J. — Total construction starts slipped 6% from December to January to a seasonally adjusted annual rate of $759.2 billion, according to Dodge Data & Analytics. All three major categories moved lower in January – residential building starts fell 8%, nonresidential building lost 6%, and nonbuilding starts moved 2% lower. With only one, limited month of data available for 2020, it is difficult to ascribe a 2020 trend. Some perspective can be gleaned, however, by examining a 12-month moving total. For the 12 months ending January 2020, total construction starts were 1% higher than during the previous 12-month period. By major category, residential building starts were 1% lower and nonresidential building starts were down by less than a percentage point, but nonbuilding construction was 8% higher during the 12 month...
author
Erik Rostad
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