October Handicapped by September’s Strength
ConstructConnect announced today that October 2021’s volume of construction starts, excluding residential work, was $28.8 billion (see shaded green box, bottom of Table 8 below), a decrease of -25.6% compared with September 2021’s level of $38.7 billion (originally reported as $38.0 billion).
Compared with October 2020, the latest month’s nonresidential starts were -9.2%. On a year-to-date basis, they were -2.2%. GRAND TOTAL starts in October 2021 (i.e., including residential activity) were -14.3% m/m and -9.2% y/y, but +5.8% ytd.
View this information as an infographic.
Click here to download the complete Construction Industry Snapshot Package – October 2021 PDF.
A significant drop in October starts month to month was almost assured once Intel’s two new computer chipmaking plants landed in September. Subtracting out an estimate of $8 billion, as the construction component alone for Intel’s new facilities, would then place October’s $28.8 billion in a much better light relative to an adjusted $30.7 billion for the prior month.
As for major undertakings in the latest month, October can boast of a new basketball stadium for the L.A. Clippers, carrying a price tag of $1.2 billion. In the several years prior to 2020, stadium and arena construction to serve fans in all four of the major professional sports leagues was a source of much building activity. There will be more life to this trend (e.g., plans for a new Buffalo Bills stadium) when the pandemic is securely relegated to the sidelines.
The single mega project included among October of last year’s Top 10 list was a steel mill for Nucor in Brandenburg, Kentucky, valued at $1.7 billion.
Three Divergent Paths
ConstructConnect’s ‘starts’ statistics through October 2021 took three clearly divergent paths. Versus results for Jan-Oct 2020, residential starts were ahead by +16.9%; engineering was approximately flat, +1.5%; and nonresidential building trailed somewhat behind, -4.5%.
On a month-to-month basis in October, the same pattern of winners and losers was maintained with residential at +2.1%; heavy civil at -0.8%; and nonresidential building, -36.3%. The outsized drop in the latter was due to October’s comparison with a September that included mega-sized groundbreakings on two new computer chip-making plants in Arizona.
Trailing 12-Month Starts Mildly Upbeat
Other statistics often beloved by analysts are trailing twelve-month (TTM) results and these are set out for all the various type-of-structure categories in Table 10 on page 11 of this report. Grand Total TTM starts in October on a month-to-month basis were -0.8%, compared with +1.2% in September and 0.0% in August. On a year-over-year basis in October, GT TTM starts were +2.2% versus +1.5% in September and -1.1% in August. The steady, if mild, upwards progression of GT TTM starts is encouraging. The wounds inflicted last year are healing.
Census Bureau’s PIP Numbers Supported by Residential
‘Starts’ compile the total estimated dollar value and square footage of all projects on which ground is broken in any given month. They lead, by nine months to as much as two years, put-in-place (PIP) statistics which are analogous to work-in-progress payments as the building of structures proceeds to completion.
PIP numbers cover the ‘universe’ of construction, new plus all manner of renovation activity, with residential traditionally making up two-fifths (about 40%) of the total and nonresidential, three-fifths (i.e., the bigger portion, at around 60%). Presently, though, according to the Census Bureau’s September 2021 not-seasonally-adjusted (NSA) PIP numbers for the total United States, the year-to-date mix has shifted dramatically. The residential to nonresidential relationship has become approximately half and half (i.e., 49.4%-to-50.6% respectively). The Census Bureau’s September 2021 NSA ytd PIP results are +7.1% for total; +24.5%, residential; and -5.8%, nonresidential (i.e., nonresidential buildings plus engineering).
PIP numbers, being more spread out, have smaller peak-over-trough percent-change amplitudes than the ‘starts’ series. As an additional valuable service for clients and powered by its extensive ‘starts’ database, ConstructConnect, in partnership with Oxford Economics, a world-leader in econometric modeling, has developed put-in-place construction statistics by types of structure for U.S. states, cities, and counties, ‘actuals’ and forecasts. ConstructConnect’s PIP numbers are being released quarterly and are featured in a separate reporting system.
Construction Jobs +44,000 in October
October’s total U.S. construction employment increase of +44,000 jobs brought the year-to-date figure to +98,000. The biggest contribution to the jobs uptick in the latest month came from nonresidential sub-trades, +19,000. With a claw-back ratio of 86.5%, construction has still not recovered all the jobs it shed between February and April of last year, when shutdowns to combat COVID-19 were most stringent. Nevertheless, 86.5% is better than the 81.2% recovery ratio for all jobs in the economy.
Two sectors have managed full jobs recoveries, financial activities (with a claw-back ratio of 102.5%) and transportation and warehousing (125.9%); but it’s also true that neither had as severe jobs declines in the Spring of last year as most other sectors. The strong recent jump in transportation and warehousing employment has been in response to the critical shortages story that is dominating the news cycle. Efforts are underway to relieve the flare-up in inflation which has soared to a three-decade high of +6.2% year over year for the Consumer Price Index (CPI).
Other corners of the economy with close ties to construction have seen the following year over year changes in employment: machinery and equipment rental and leasing, +8.9%; architectural and engineering services, +5.1%; real estate firms, +4.1%; oil and gas extraction, +3.2%; cement and concrete product manufacturing, -1.5%; and building material and supplies dealers, -2.4%. The solid increase of +5.1% y/y for employment with project design firms augurs well for eventual sitework employment resulting from the lead-lag relationship.
Graph 1: Change in Level of U.S. Construction Employment, Month to Month (M/M) −
Total & by Categories – October 2021
For each month, ‘net’ = zero. ‘Sub-trade’ in BLS data is referred to as ‘specialty’ trade.
Data source: Bureau of Labor Statistics (BLS).
Chart: ConstructConnect.
Graph 2: U.S. Employment October 2021 – % Change Y/Y
Based on Seasonally Adjusted (SA) Data
The latest data points are for October 2021.
Data source: Payroll Survey, Bureau of Labor Statistics (BLS).
Chart: ConstructConnect.
Graph 3: Y/Y Jobs Change, U.S. Total Industry & Major Subsectors − October 2021 (based on seasonally adjusted payroll data)
Data source: Payroll Survey, U.S. Bureau of Labor Statistics (Dept of Labor).
Chart: ConstructConnect.
Graph 4: U.S. Construction Employment (SA) & Unemployment Rate (NSA)
Current through October 2021. SA is seasonally adjusted / NSA is not seasonally adjusted.
Data source: Bureau of Labor Statistics (BLS).
Chart: ConstructConnect.
Table 1: Monitoring the U.S. employment recovery ‒ October 2021
Data source: Bureau of Labor Statistics (BLS).
Chart: ConstructConnect.
Pluses and Minuses Among the Type of Structure Subcategories
October’s -25.6% month-to-month (m/m) decrease in total nonresidential starts was mainly due to a big drop in the industrial subcategory, -78.0%. This was to be expected. It’s not often there’s a project comparable in size to September’s footprint for Intel. There was also a sizable slide in institutional starts m/m in September, -22.6%; but engineering stayed about even, -0.8%, and commercial achieved a small advance, +3.9%.
The -9.2% pullback in October 2021’s total nonresidential starts versus October 2020 (y/y) resulted from nearly equal percentage-change retreats by industrial, -24.7%, and institutional, -22.0%. Commercial was also down, but relatively mildly, -5.6%. Engineering was alone in managing a gain, although only a small one, +1.6%.
The -2.2% setback of total nonresidential starts year to date (Jan-Oct 2021/Jan-Oct 2020) has been caused by weakness in commercial, -7.6%, and institutional, -9.8%, as engineering has stayed steady, +1.5%, and industrial has climbed by a third, +33.8%.
There are two dominant subcategories of total nonresidential starts. When the year-to-date volumes of ‘roads/highways’ and ‘schools/colleges’ are added together, they account for nearly one-third of total nonresidential (i.e., shares of 15.2% and 17.4% respectively summing to 32.6%).
The time-frame metrics for street starts in October were encouraging: -1.0% y/y, but +3.6% m/m, and +7.3% ytd. The three key measures for school starts, however, were no cause for joy: -16.8% m/m; -25.6% y/y; and -13.9% ytd.
The next largest contributor (with an 8.6% share) to total nonresidential starts so far this year has been the ‘water/sewage’ subcategory. Like roads, its results have been mainly positive: -5.9% m/m, but +19.8% y/y and +8.1% ytd.
A combined health care subcategory, comprised of ‘hospitals/clinics,’ ‘nursing/assisted living,’ and ‘miscellaneous medical,’ had a poor showing in the latest month: -45.5% m/m and -31.8% y/y, although +1.0% ytd. ‘Hospital/clinic’ starts on their own were depressed m/m, -50.5%, and y/y, -25.1%, but they were much cheerier ytd, +25.2%. (September 2021 was rich in big hospital groundbreakings.)
Also noteworthy within institutional starts, the ‘fire/police/courthouse/prison’ subcategory has seen nothing but pluses: +8.3% m/m; +1.5% y/y; and +1.2% ytd. Delving deeper, courthouses have done best, +46.3% ytd.
Some of commercial’s most important subcategories continue to display the extreme negativity that was first brought on by the arrival of the coronavirus. On a ytd basis, ‘hotel/motel’ starts are -37.2% and ‘private office buildings,’ -29.0%. But after contracting severely over the course of several years, ‘retail/shopping’ starts are +3.0% ytd in 2021. And ‘miscellaneous commercial’ starts are +52.0% ytd. This is a subcategory that includes sports arenas. In October, ground was broken on a new home for the NBA L.A. Clippers.
Table 2: Construction Starts in Some Additional Type of Structure Sub-Categories
| Jan-OCT 2021 | % Change vs | |
| ($ billions) | Jan-OCT 2020 | |
| Sports Stadiums/Convention Centers | $4.725 | 14.5% |
| Transportation Terminals | $4.872 | 122.9% |
| Courthouses | $1.966 | 46.3% |
| Police Stations & Fire Halls | $2.468 | -10.8% |
| Prisons | $1.954 | -11.2% |
| Pre-School/Elementary | $13.886 | -22.4% |
| Junior & Senior High Schools | $23.773 | -5.2% |
| K-12 (sum of above two categories) | $37.659 | -12.4% |
| Special & Vocational Schools | $1.630 | -9.3% |
| Colleges & Universities | $12.274 | -18.7% |
| Electric Power Infrastructure | $8.287 | 118.0% |
Data Source and Table: ConstructConnect.
Still Frustrating Results from JOLTS
The first of the two graphs showing results from the latest Job Openings and Labor Turnover Survey (JOLTS) report makes clear there’s plenty of opportunities to find work in the construction sector. Job ‘openings,’ as both a level and a rate, have recently risen close to their pre-pandemic heights of early 2019. The early 2019 numbers were also peaks for this century.
‘Hiring,’ however, has been another story. The history of taking on staff in the construction sector is set out in the second JOLTS graph. Recruitment, measured according to both level and rate, may have picked up a little in the last month or two, but it remains frustratingly low.
Graph 5: U.S. Construction Job Openings (from JOLTS Report)
(3-month Moving Averages placed in Latest Month)
*Rate is number of job openings end-of-month as % of ‘construction employment plus number of job openings’.
Latest seasonally adjusted data points are for September 2021. … JOLTS = Job Openings and Labor Turnover Survey.
Data source: Bureau of Labor Statistics (BLS).
Chart: ConstructConnect.
Graph 6: U.S. Construction Job Hires (from JOLTS Report)
(3-month Moving Averages placed in Latest Month)
*Rate is number of job openings end-of-month as % of ‘construction employment plus number of job openings’.
Latest seasonally adjusted data points are for September 2021. … JOLTS = Job Openings and Labor Turnover Survey.
Data source: Bureau of Labor Statistics (BLS).
Chart: ConstructConnect.
Trend Graphs Thinking About Reversing Course
Many of the 12-month moving average trend graphs (Nonresidential Construction Starts Trend Graphs – October 2021) are signaling they would like to stop descending and may even be giving some thought to rising once again. Only ‘private office buildings’ and ‘schools/colleges’ seem determined to keep heading south.
Most of the other categories have flattened out or are side-stepping upwards. Best illustrating the latter are ‘roads/highways’ and ‘water/sewage.’
Annual Wage Hikes Gravitating to +5%
Tables B-3 and B-8 of the monthly Employment Situation report record average hourly and average weekly wages for industry sectors. B-3 is for all employees (i.e., including bosses) on nonfarm payrolls. B-8 is for ‘production and nonsupervisory personnel’ only (i.e., it excludes bosses). For ‘all jobs’ and construction, there are eight relevant percentage changes to consider.
From Table B-3 (including bosses), ‘all jobs’ earnings y/y in October were +4.9% hourly and +4.6% weekly. Construction workers trailed on both counts, but only by slim margins, +4.7% hourly and +4.2% weekly. From Table B-8 (leaving out bosses), the y/y ‘all jobs’ compensation gains were +5.8% hourly and +5.4% weekly. Construction workers stood a little behind hourly, +5.2%, but rode out front weekly, +5.8%.
U.S. construction’s current not seasonally adjusted (NSA) unemployment rate is a low 4.0%. It’s even tighter than the national NSA ‘all jobs’ U rate of 4.3%. (A month ago, construction’s NSA U rate was 4.5%; and a year ago, it was 6.8%.)
Graph 7: Average Hourly Earnings Y/Y – ‘All Jobs’ & Construction
From ‘Production Workers and Non-supervisory Personnel’ Table (B8).
The latest data points are for October 2021
Data Source: Bureau of Labor Statistics (BLS)’s Employment Situation report.
Chart: ConstructConnect.
Graph 8: Average Weekly Earnings Y/Y – ‘All Jobs’ & Construction
From ‘Production Workers and Non-supervisory Personnel’ Table (B8).
The latest data points are for October 2021
Data Source: Bureau of Labor Statistics (BLS)’s Employment Situation report.
Chart: ConstructConnect.
Table 3: 2021 YTD Ranking of Top 20 States by $ Volume of Nonresidential Construction Starts – ConstructConnect
| Jan-OCT 2021 | % Change vs Jan-OCT 2020 | ||
| 1 | Texas | $40,228,526,360 | -7.9% |
| 2 | California | $30,256,720,799 | -9.0% |
| 3 | Florida | $20,491,925,229 | 3.8% |
| 4 | New York | $17,399,931,465 | 10.6% |
| 5 | Arizona | $14,482,891,874 | 104.1% |
| 6 | Ohio | $12,295,856,831 | -6.9% |
| 7 | North Carolina | $11,788,798,632 | 28.1% |
| 8 | Pennsylvania | $11,687,198,633 | 25.1% |
| 9 | Illinois | $10,899,118,345 | -16.5% |
| 10 | Massachusetts | $9,896,095,020 | 22.0% |
| 11 | Georgia | $9,737,484,234 | -13.5% |
| 12 | Minnesota | $8,762,405,650 | 13.6% |
| 13 | Virginia | $8,401,308,066 | -13.4% |
| 14 | Tennessee | $8,344,268,197 | 28.9% |
| 15 | Michigan | $7,929,113,916 | 12.4% |
| 16 | Missouri | $7,513,217,867 | -12.9% |
| 17 | Washington | $7,069,107,465 | -42.5% |
| 18 | Indiana | $6,771,752,794 | -7.2% |
| 19 | Wisconsin | $6,205,542,826 | -25.1% |
| 20 | Colorado | $6,156,158,163 | -5.6% |
Figures are comprised of non-res building & engineering (residential is omitted).
Data Source and Table: ConstructConnect.
Table 4: 2021 YTD Ranking of Top 20 States by $ Volume of Nonresidential Building Construction Starts – ConstructConnect
| Jan-OCT 2021 | % Change vs Jan-OCT 2020 | ||
| 1 | Texas | $22,993,422,390 | -19.7% |
| 2 | California | $18,136,674,885 | 2.8% |
| 3 | Arizona | $13,323,970,706 | 149.4% |
| 4 | Florida | $13,164,430,369 | 1.4% |
| 5 | New York | $10,664,370,708 | -3.3% |
| 6 | North Carolina | $8,888,843,016 | 23.0% |
| 7 | Pennsylvania | $7,969,436,701 | 52.1% |
| 8 | Ohio | $7,808,867,665 | -11.6% |
| 9 | Georgia | $6,440,815,133 | -16.5% |
| 10 | Tennessee | $6,181,139,600 | 31.8% |
| 11 | Virginia | $5,746,440,017 | -6.4% |
| 12 | Illinois | $5,283,687,104 | -23.7% |
| 13 | Missouri | $5,179,686,233 | -21.1% |
| 14 | Massachusetts | $4,747,079,684 | -18.9% |
| 15 | Washington | $4,416,655,178 | -20.3% |
| 16 | Alabama | $4,069,306,376 | 35.7% |
| 17 | Colorado | $3,991,100,389 | -10.0% |
| 18 | Maryland | $3,866,613,369 | -16.0% |
| 19 | Michigan | $3,796,143,029 | -4.7% |
| 20 | Indiana | $3,752,666,600 | -14.0% |
Data Source and Table: ConstructConnect.
Table 5: 2021 YTD Ranking of Top 20 States by $ Volume of Heavy/Engineering Civil Construction Starts – ConstructConnect
| Jan-OCT 2021 | % Change vs Jan-OCT 2020 | ||
| 1 | Texas | $17,235,103,970 | 14.5% |
| 2 | California | $12,120,045,914 | -22.4% |
| 3 | Florida | $7,327,494,860 | 8.4% |
| 4 | New York | $6,735,560,757 | 43.1% |
| 5 | Minnesota | $6,115,417,261 | 52.0% |
| 6 | Illinois | $5,615,431,241 | -8.3% |
| 7 | Massachusetts | $5,149,015,336 | 128.3% |
| 8 | Ohio | $4,486,989,166 | 2.4% |
| 9 | Michigan | $4,132,970,887 | 34.4% |
| 10 | Pennsylvania | $3,717,761,932 | -9.4% |
| 11 | Georgia | $3,296,669,101 | -6.9% |
| 12 | Wisconsin | $3,220,401,878 | 7.9% |
| 13 | Indiana | $3,019,086,194 | 3.0% |
| 14 | North Carolina | $2,899,955,616 | 46.6% |
| 15 | New Jersey | $2,895,682,377 | -1.6% |
| 16 | Virginia | $2,654,868,049 | -25.5% |
| 17 | Washington | $2,652,452,287 | -60.6% |
| 18 | Missouri | $2,333,531,634 | 13.3% |
| 19 | Oklahoma | $2,240,531,664 | 20.3% |
| 20 | Iowa | $2,187,960,437 | -9.3% |
Data Source and Table: ConstructConnect.
October’s y/y results for three building-related BLS Producer Price Index (PPI) series were as follows: ‘construction materials special index,’ +30.6% (a small increase from September’s +28.8%); ‘inputs to new construction index, excluding capital investment, labor, and imports,’ +18.2% (again, a small step up from the previous month’s figure, +17.2%) and ‘final demand construction,’ designed to capture bid prices, +12.3% (a more than doubling of September’s +5.2%). Bid prices are finally being adjusted to better cover sharp input expenditure hikes.
Concerning the cost of some major construction material inputs, as revealed in the Producer Price Index (PPI) data set published by the Bureau of Labor Statistics (BLS), asphalt in October was +68.7% year over year; hot rolled steel bars, plates, and structural shapes, +60.0%; aluminum sheet and strip, +40.7%; copper wire and cable, +26.3%; gypsum products, +25.1%; cement, +4.9%; ready-mix concrete, +4.3%; and softwood lumber, -19.5%.
The value of construction starts each month is derived from ConstructConnect’s database of all active construction projects in the U.S. Missing project values are estimated with the help of RSMeans’ building cost models. ConstructConnect’s nonresidential construction starts series, because it is comprised of total-value estimates for individual projects, some of which are super-large, has a history of being more volatile than many other leading indicators for the economy.
October 2021’s ‘Grand Total’ Starts +5.8% YTD
From Table 8 below, ConstructConnect’s total residential starts in October were +2.1% m/m, -9.3% y/y, and +16.9% ytd. Multi-family starts in October were +9.6% m/m, -29.8% y/y, and +5.2% ytd. Single-family starts were +0.3% m/m, -2.0% y/y, and +21.4% ytd. Year to date, the single-family market is considerably outpacing the multi-family (apartment/condo) side.
Including home building with all nonresidential categories, Grand Total starts in October 2021 were -14.3% m/m and -9.2% y/y, but +5.8% ytd.
ConstructConnect adopts a research-assigned ‘start’ date. In concept, a ‘start’ is equivalent to ground being broken for a project to proceed. If work is abandoned or rebid, the ‘start’ date is revised to reflect the new information.
Expansion Index Monitors Construction Prospects
The economy may be in recovery mode, but nonresidential work is usually a lagging player. Companies are hesitant to undertake capital spending until their personnel needs are rapidly expanding and their office square footage or plant footprints are straining capacity. Also, it helps if profits are abundant. (Today’s greater tendency to work from home has made office occupancy much more difficult to assess.)
Each month, ConstructConnect publishes information on upcoming construction projects at its Expansion Index.
The Expansion Index, for hundreds of cities in the U.S. and Canada, calculates the ratio, based on dollar volume, of projects in the planning stage, at present, divided by the comparable figure a year ago. The ratio moves above 1.0 when there is currently a larger dollar volume of construction ‘prospects’ than there was last year at the same time. The ratio sinks below 1.0 when the opposite is the case. The results are set out in interactive maps for both countries.
Click here to download the Construction Industry Snapshot Package – October 2021 PDF.
Click here for the Top 10 Project Starts in the U.S. – October 2021.
Click here for the Nonresidential Construction Starts Trend Graphs – October 2021.
TABLE 6: VALUE OF UNITED STATES NONRESIDENTIAL CONSTRUCTION STARTS
OCTOBER 2021 – CONSTRUCTCONNECT
| % Change | % Change | % Change | ||||
| Jan-OCT 21 | Jan-OCT 21 vs | OCT 21 vs | OCT 21 vs | |||
| ($ billions) | Jan-OCT 20 | OCT 20 | SEPT 21 | |||
| Hotel/Motel | 5.631 | -37.2% | -20.7% | -21.7% | ||
| Retail | 10.956 | 3.0% | -40.1% | -33.8% | ||
| Parking Garage | 1.489 | -3.4% | 10.3% | 83.8% | ||
| Amusement | 5.634 | 2.5% | -36.5% | 40.9% | ||
| Private Office | 14.491 | -29.0% | -79.4% | -76.4% | ||
| Government Office | 10.193 | 11.1% | 21.8% | -7.0% | ||
| Laboratory | 1.941 | 2.6% | -48.5% | -18.4% | ||
| Warehouse | 20.170 | -9.4% | -38.4% | -30.3% | ||
| Miscellaneous Commercial* | 9.598 | 52.0% | 755.9% | 467.1% | ||
| COMMERCIAL (big subset) | 80.102 | -7.6% | -5.6% | 3.9% | ||
| INDUSTRIAL (Manufacturing) | 26.658 | 33.8% | -24.7% | -78.0% | ||
| Religious | 0.799 | -38.6% | -73.6% | -31.4% | ||
| Hospital/Clinic | 13.608 | 25.2% | -25.1% | -50.5% | ||
| Nursing/Assisted Living | 4.959 | -21.2% | -21.9% | 10.1% | ||
| Library/Museum | 2.086 | -37.2% | -21.8% | -49.6% | ||
| Police/Courthouse/Prison | 6.388 | 1.2% | 1.5% | 8.3% | ||
| Military | 7.467 | -3.6% | 9.9% | 20.0% | ||
| School/College | 51.563 | -13.9% | -25.6% | -16.8% | ||
| Miscellaneous Medical | 5.572 | -17.1% | -53.6% | -64.5% | ||
| INSTITUTIONAL | 92.443 | -9.8% | -22.0% | -22.6% | ||
| Miscellaneous Nonresidential | 5.090 | 6.0% | 4.6% | 40.8% | ||
| NONRESIDENTIAL BUILDING | 204.292 | -4.5% | -15.2% | -36.3% | ||
| Airport | 4.725 | -9.7% | -4.3% | -16.3% | ||
| Road/Highway | 58.959 | 7.3% | -1.0% | 3.6% | ||
| Bridge | 15.439 | -19.1% | 22.2% | 6.4% | ||
| Dam/Marine | 6.139 | -14.0% | -28.3% | -2.7% | ||
| Water/Sewage | 29.116 | 8.1% | 19.8% | -5.9% | ||
| Miscellaneous Civil (power, pipelines, etc.) | 20.661 | 4.8% | -5.7% | -5.3% | ||
| HEAVY ENGINEERING (Civil) | 135.039 | 1.5% | 1.6% | -0.8% | ||
| TOTAL NONRESIDENTIAL | 339.332 | -2.2% | -9.2% | -25.6% |
*Includes transportation terminals and sports arenas.
Source: ConstructConnect Research Group and ConstructConnect.
Table: ConstructConnect.
TABLE 7: VALUE OF UNITED STATES CONSTRUCTION STARTS
CONSTRUCTCONNECT INSIGHT VERSION – OCTOBER 2021
Arranged to match the alphabetical category drop-down menus in INSIGHT
| % Change | % Change | % Change | ||||||
| Jan-Oct 21 | Jan-Oct 21 vs | Oct 21 vs | Oct 21 vs | |||||
| ($ billions) | Jan-Oct 20 | Sept 20 | Sept 21 | |||||
| Summary | ||||||||
| CIVIL | 135.039 | 1.5% | 1.6% | -0.8% | ||||
| NONRESIDENTIAL BUILDING | 204.292 | -4.5% | -15.2% | -36.3% | ||||
| RESIDENTIAL | 291.256 | 16.9% | -9.3% | 2.1% | ||||
| GRAND TOTAL | 630.588 | 5.8% | -9.2% | -14.3% | ||||
| Verticals | ||||||||
| Airport | 4.725 | -9.7% | -4.3% | -16.3% | ||||
| All Other Civil | 12.374 | -22.2% | -5.9% | -22.4% | ||||
| Bridges | 15.439 | -19.1% | 22.2% | 6.4% | ||||
| Dams / Canals / Marine Work | 6.139 | -14.0% | -28.3% | -2.7% | ||||
| Power Infrastructure | 8.287 | 118.0% | -5.4% | 42.9% | ||||
| Roads | 58.959 | 7.3% | -1.0% | 3.6% | ||||
| Water and Sewage Treatment | 29.116 | 8.1% | 19.8% | -5.9% | ||||
| CIVIL | 135.039 | 1.5% | 1.6% | -0.8% | ||||
| Offices (private) | 14.491 | -29.0% | -79.4% | -76.4% | ||||
| Parking Garages | 1.489 | -3.4% | 10.3% | 83.8% | ||||
| Transportation Terminals | 4.872 | 122.9% | 1048.9% | 350.0% | ||||
| Commercial (small subset) | 20.852 | -13.6% | 4.5% | 8.1% | ||||
| Amusement | 5.634 | 2.5% | -36.5% | 40.9% | ||||
| Libraries / Museums | 2.086 | -37.2% | -21.8% | -49.6% | ||||
| Religious | 0.799 | -38.6% | -73.6% | -31.4% | ||||
| Sports Arenas / Convention Centers | 4.725 | 14.5% | 573.8% | 683.0% | ||||
| Community | 13.245 | -7.1% | 70.9% | 167.3% | ||||
| College / University | 12.274 | -18.7% | -46.3% | -24.8% | ||||
| Elementary / Pre School | 13.886 | -22.4% | -50.6% | -49.0% | ||||
| Jr / Sr High School | 23.773 | -5.2% | 8.3% | 11.2% | ||||
| Special / Vocational | 1.630 | -9.3% | -5.6% | -40.5% | ||||
| Educational | 51.563 | -13.9% | -25.6% | -16.8% | ||||
| Courthouses | 1.966 | 46.3% | 281.3% | 40.5% | ||||
| Fire and Police Stations | 2.468 | -10.8% | -27.0% | -9.8% | ||||
| Government Offices | 10.193 | 11.1% | 21.8% | -7.0% | ||||
| Prisons | 1.954 | -11.2% | -11.8% | 13.7% | ||||
| Government | 16.581 | 7.1% | 12.3% | -1.1% | ||||
| Industrial Labs / Labs / School Labs | 1.941 | 2.6% | -48.5% | -18.4% | ||||
| Manufacturing | 26.658 | 33.8% | -24.7% | -78.0% | ||||
| Warehouses | 20.170 | -9.4% | -38.4% | -30.3% | ||||
| Industrial | 48.768 | 10.7% | -31.5% | -69.3% | ||||
| Hospitals / Clinics | 13.608 | 25.2% | -25.1% | -50.5% | ||||
| Medical Misc. | 5.572 | -17.1% | -53.6% | -64.5% | ||||
| Nursing Homes | 4.959 | -21.2% | -21.9% | 10.1% | ||||
| Medical | 24.139 | 1.0% | -31.8% | -45.8% | ||||
| Military | 7.467 | -3.6% | 9.9% | 20.0% | ||||
| Hotels | 5.631 | -37.2% | -20.7% | -21.7% | ||||
| Retail Misc. | 5.090 | 6.0% | 4.6% | 40.8% | ||||
| Shopping | 10.956 | 3.0% | -40.1% | -33.8% | ||||
| Retail | 21.677 | -11.2% | -24.1% | -15.0% | ||||
| NONRESIDENTIAL BUILDING | 204.292 | -4.5% | -15.2% | -36.3% | ||||
| Multi-Family | 72.652 | 5.2% | -29.8% | 9.6% | ||||
| Single-Family | 218.604 | 21.4% | -2.0% | 0.3% | ||||
| RESIDENTIAL | 291.256 | 16.9% | -9.3% | 2.1% | ||||
| NONRESIDENTIAL | 339.332 | -2.2% | -9.2% | -25.6% | ||||
| GRAND TOTAL | 630.588 | 5.8% | -9.2% | -14.3% | ||||
Table 2 conforms to the type-of-structure ordering adopted by many firms and organizations in the industry. Specifically, it breaks nonresidential building into ICI work (i.e., industrial, commercial, and institutional), since each has its own set of economic and demographic drivers. Table 3 presents an alternative, perhaps more user-friendly and intuitive type-of-structure ordering that matches how the data appears in ConstructConnect Insight.
Source: ConstructConnect.
Table: ConstructConnect.
TABLE 8: VALUE OF UNITED STATES NATIONAL CONSTRUCTION STARTS – October 2021 – CONSTRUCTCONNECT
Billions of current $s, not seasonally adjusted (NSA)
| Latest month actuals | Moving averages (placed in end month) | Year to Date. | |||||||||
| 3-months | 12-months | JAN-OCT | JAN-OCT | ||||||||
| AUG 21 | SEP 21 | OCT 21 | AUG 21 | SEP 21 | OCT 21 | AUG 21 | SEP 21 | OCT 21 | 2020 | 2021 | |
| Single Family | 22.489 | 21.578 | 21.644 | 24.092 | 22.736 | 21.904 | 21.486 | 21.527 | 21.491 | 180.009 | 218.604 |
| month-over-month % change | -6.8% | -4.1% | 0.3% | -0.7% | -5.6% | -3.7% | 0.8% | 0.2% | -0.2% | ||
| year-over-year % change | 9.6% | 2.3% | -2.0% | 20.3% | 9.4% | 3.2% | 27.5% | 25.4% | 22.3% | 7.2% | 21.4% |
| Apartment | 8.026 | 5.079 | 5.567 | 7.506 | 6.598 | 6.224 | 7.486 | 7.342 | 7.145 | 69.042 | 72.652 |
| month-over-month % change | 20.0% | -36.7% | 9.6% | 0.2% | -12.1% | -5.7% | 1.6% | -1.9% | -2.7% | ||
| year-over-year % change | 21.4% | -25.4% | -29.8% | 5.9% | -3.7% | -12.6% | -3.6% | -2.5% | -1.5% | -14.8% | 5.2% |
| TOTAL RESIDENTIAL | 30.516 | 26.658 | 27.211 | 31.598 | 29.333 | 28.128 | 28.973 | 28.869 | 28.635 | 249.051 | 291.256 |
| month-over-month % change | -1.0% | -12.6% | 2.1% | -0.5% | -7.2% | -4.1% | 1.0% | -0.4% | -0.8% | ||
| year-over-year % change | 12.4% | -4.5% | -9.3% | 16.6% | 6.2% | -0.8% | 17.7% | 16.9% | 15.4% | 0.0% | 16.9% |
| Hotel/Motel | 0.398 | 0.617 | 0.483 | 0.618 | 0.570 | 0.499 | 0.577 | 0.582 | 0.571 | 8.973 | 5.631 |
| month-over-month % change | -42.8% | 55.0% | -21.7% | -11.6% | -7.8% | -12.4% | -2.8% | 0.8% | -1.8% | ||
| year-over-year % change | -33.1% | 9.6% | -20.7% | -1.8% | -11.5% | -15.2% | -58.6% | -54.9% | -50.5% | -51.9% | -37.2% |
| Retail | 1.550 | 1.043 | 0.690 | 1.297 | 1.132 | 1.095 | 1.087 | 1.087 | 1.049 | 10.640 | 10.956 |
| month-over-month % change | 92.9% | -32.7% | -33.8% | 9.4% | -12.7% | -3.3% | 3.2% | 0.0% | -3.5% | ||
| year-over-year % change | 35.4% | 0.5% | -40.1% | 21.0% | 5.4% | -1.6% | 1.0% | 3.7% | -1.9% | -25.7% | 3.0% |
| Parking Garages | 0.145 | 0.081 | 0.149 | 0.150 | 0.134 | 0.125 | 0.144 | 0.139 | 0.141 | 1.541 | 1.489 |
| month-over-month % change | -18.4% | -44.2% | 83.8% | 4.1% | -10.1% | -7.2% | -2.2% | -2.9% | 0.8% | ||
| year-over-year % change | -21.3% | -38.0% | 10.3% | 10.7% | -2.6% | -16.7% | -15.7% | -19.5% | -13.3% | -44.2% | -3.4% |
| Amusement | 0.592 | 0.316 | 0.446 | 0.818 | 0.687 | 0.451 | 0.579 | 0.558 | 0.536 | 5.497 | 5.634 |
| month-over-month % change | -48.7% | -46.6% | 40.9% | 2.2% | -15.9% | -34.3% | 3.4% | -3.7% | -3.8% | ||
| year-over-year % change | 62.6% | -44.7% | -36.5% | 90.9% | 56.8% | -17.4% | 4.1% | -0.3% | -2.1% | -15.7% | 2.5% |
| Office | 2.945 | 1.426 | 0.337 | 1.934 | 2.091 | 1.569 | 1.775 | 1.773 | 1.665 | 20.408 | 14.491 |
| month-over-month % change | 55.0% | -51.6% | -76.4% | 48.7% | 8.1% | -24.9% | -3.3% | -0.1% | -6.1% | ||
| year-over-year % change | -20.0% | -1.5% | -79.4% | -13.5% | -2.7% | -30.4% | -32.2% | -28.2% | -27.8% | -30.4% | -29.0% |
| Governmental Offices | 1.244 | 0.938 | 0.873 | 1.340 | 1.394 | 1.018 | 1.026 | 0.961 | 0.974 | 9.171 | 10.193 |
| month-over-month % change | -37.8% | -24.6% | -7.0% | 6.9% | 4.0% | -26.9% | 2.9% | -6.4% | 1.4% | ||
| year-over-year % change | 39.4% | -45.6% | 21.8% | 52.0% | 20.7% | -8.3% | 16.1% | 1.1% | 6.0% | -7.3% | 11.1% |
| Laboratories | 0.258 | 0.151 | 0.123 | 0.270 | 0.260 | 0.177 | 0.216 | 0.210 | 0.200 | 1.892 | 1.941 |
| month-over-month % change | -30.4% | -41.3% | -18.4% | 17.5% | -4.0% | -31.7% | 5.5% | -3.1% | -4.6% | ||
| year-over-year % change | 111.4% | -34.9% | -48.5% | 65.4% | 56.4% | -10.4% | 11.3% | 12.3% | 0.7% | -1.7% | 2.6% |
| Warehouse | 1.961 | 2.164 | 1.508 | 1.899 | 1.931 | 1.878 | 2.049 | 2.089 | 2.011 | 22.254 | 20.170 |
| month-over-month % change | 17.5% | 10.4% | -30.3% | -3.0% | 1.7% | -2.8% | -1.6% | 2.0% | -3.7% | ||
| year-over-year % change | -16.7% | 29.1% | -38.4% | -18.2% | -1.0% | -13.0% | -3.6% | -1.5% | -8.7% | 21.1% | -9.4% |
| Misc Commercial | 0.735 | 0.516 | 2.925 | 1.220 | 0.518 | 1.392 | 0.641 | 0.632 | 0.847 | 6.313 | 9.598 |
| month-over-month % change | 142.1% | -29.9% | 467.1% | 8.4% | -57.5% | 168.6% | 0.2% | -1.4% | 34.1% | ||
| year-over-year % change | 1.7% | -17.3% | 755.9% | 65.0% | -32.3% | 147.4% | -36.0% | -20.3% | 15.9% | -65.2% | 52.0% |
| TOTAL COMMERCIAL | 9.829 | 7.253 | 7.534 | 9.546 | 8.718 | 8.205 | 8.094 | 8.031 | 7.993 | 86.689 | 80.102 |
| month-over-month % change | 8.3% | -26.2% | 3.9% | 9.8% | -8.7% | -5.9% | -0.2% | -0.8% | -0.5% | ||
| year-over-year % change | -2.3% | -9.4% | -5.6% | 10.9% | 2.8% | -5.5% | -19.2% | -16.3% | -14.0% | -27.7% | -7.6% |
| TOTAL INDUSTRIAL (Manufacturing) | 1.042 | 10.649 | 2.347 | 1.512 | 4.664 | 4.679 | 1.715 | 2.422 | 2.358 | 19.919 | 26.658 |
| month-over-month % change | -54.7% | 921.6% | -78.0% | -19.4% | 208.5% | 0.3% | -10.7% | 41.2% | -2.7% | ||
| year-over-year % change | -70.2% | 392.4% | -24.7% | -16.5% | 106.0% | 59.9% | -10.5% | 20.1% | 15.9% | -61.2% | 33.8% |
| Religious | 0.153 | 0.049 | 0.034 | 0.095 | 0.083 | 0.079 | 0.108 | 0.101 | 0.093 | 1.301 | 0.799 |
| month-over-month % change | 233.3% | -67.8% | -31.4% | 7.1% | -12.2% | -4.9% | 3.7% | -6.2% | -7.8% | ||
| year-over-year % change | 42.9% | -62.1% | -73.6% | -12.1% | -24.1% | -35.3% | -19.7% | -24.1% | -31.3% | -16.5% | -38.6% |
| Hosptials/Clinics | 0.815 | 1.840 | 0.910 | 0.999 | 1.217 | 1.188 | 1.291 | 1.366 | 1.341 | 10.873 | 13.608 |
| month-over-month % change | -18.2% | 125.7% | -50.5% | 8.6% | 21.9% | -2.4% | -2.5% | 5.8% | -1.9% | ||
| year-over-year % change | -32.7% | 95.3% | -25.1% | -11.7% | 10.8% | 5.8% | -11.4% | -2.6% | 2.9% | -36.2% | 25.2% |
| Nursing/Assisted Living | 0.498 | 0.439 | 0.484 | 0.563 | 0.427 | 0.473 | 0.549 | 0.524 | 0.513 | 6.294 | 4.959 |
| month-over-month % change | 45.1% | -11.7% | 10.1% | -2.8% | -24.2% | 11.0% | -4.3% | -4.6% | -2.2% | ||
| year-over-year % change | -37.1% | -40.7% | -21.9% | -6.5% | -33.6% | -34.0% | -18.5% | -19.1% | -17.6% | -25.3% | -21.2% |
| Libraries/Museums | 0.189 | 0.201 | 0.101 | 0.242 | 0.243 | 0.164 | 0.208 | 0.216 | 0.214 | 3.325 | 2.086 |
| month-over-month % change | -44.5% | 6.7% | -49.6% | -16.4% | 0.4% | -32.7% | -1.9% | 4.2% | -1.1% | ||
| year-over-year % change | -20.5% | 105.9% | -21.8% | -8.2% | 29.3% | 5.7% | -47.0% | -39.5% | -33.3% | -6.2% | -37.2% |
| Police/Courthouse/Prison | 0.597 | 0.588 | 0.637 | 0.730 | 0.634 | 0.607 | 0.684 | 0.679 | 0.680 | 6.311 | 6.388 |
| month-over-month % change | -16.9% | -1.4% | 8.3% | 3.8% | -13.2% | -4.3% | -4.7% | -0.7% | 0.1% | ||
| year-over-year % change | -40.4% | -8.9% | 1.5% | 3.6% | -15.4% | -19.9% | 3.9% | 8.1% | 10.1% | 8.1% | 1.2% |
| Military | 0.620 | 0.895 | 1.074 | 0.810 | 0.694 | 0.863 | 0.741 | 0.736 | 0.744 | 7.742 | 7.467 |
| month-over-month % change | 9.6% | 44.2% | 20.0% | -4.2% | -14.3% | 24.4% | -0.1% | -0.7% | 1.1% | ||
| year-over-year % change | -1.7% | -6.2% | 9.9% | 29.2% | -4.4% | 1.1% | 5.5% | 2.2% | 3.5% | 86.0% | -3.6% |
| Schools/Colleges | 5.992 | 3.837 | 3.193 | 6.273 | 4.953 | 4.341 | 5.052 | 5.029 | 4.938 | 59.874 | 51.563 |
| month-over-month % change | 19.1% | -36.0% | -16.8% | -2.8% | -21.0% | -12.4% | 0.3% | -0.5% | -1.8% | ||
| year-over-year % change | 3.3% | -6.8% | -25.6% | -13.3% | -8.4% | -8.3% | -14.0% | -13.9% | -14.9% | -9.4% | -13.9% |
| Misc Government | 0.538 | 0.844 | 0.300 | 0.602 | 0.628 | 0.561 | 0.592 | 0.617 | 0.589 | 6.722 | 5.572 |
| month-over-month % change | 7.3% | 56.9% | -64.5% | 4.9% | 4.3% | -10.7% | -0.7% | 4.3% | -4.7% | ||
| year-over-year % change | -8.3% | 57.2% | -53.6% | -3.2% | -2.6% | -5.0% | -15.8% | -10.4% | -11.7% | -16.7% | -17.1% |
| TOTAL INSTITUTIONAL | 9.402 | 8.694 | 6.732 | 10.314 | 8.879 | 8.276 | 9.225 | 9.269 | 9.111 | 102.440 | 92.443 |
| month-over-month % change | 10.1% | -7.5% | -22.6% | -1.3% | -13.9% | -6.8% | -0.9% | 0.5% | -1.7% | ||
| year-over-year % change | -9.3% | 6.5% | -22.0% | -8.7% | -7.2% | -8.6% | -12.9% | -11.0% | -10.6% | -10.7% | -9.8% |
| Misc Non Residential | 0.404 | 0.425 | 0.599 | 0.474 | 0.461 | 0.476 | 0.509 | 0.505 | 0.507 | 4.801 | 5.090 |
| month-over-month % change | -27.0% | 5.3% | 40.8% | -15.3% | -2.8% | 3.3% | -1.5% | -0.8% | 0.4% | ||
| year-over-year % change | -18.6% | -10.1% | 4.6% | 0.1% | 2.0% | -7.4% | -9.6% | -8.6% | -0.9% | -24.2% | 6.0% |
| TOTAL NONRES BUILDING | 20.677 | 27.021 | 17.212 | 21.846 | 22.722 | 21.637 | 19.542 | 20.227 | 19.969 | 213.850 | 204.292 |
| month-over-month % change | 1.0% | 30.7% | -36.3% | 1.2% | 4.0% | -4.8% | -1.6% | 3.5% | -1.3% | ||
| year-over-year % change | -15.3% | 43.6% | -15.2% | -1.5% | 9.4% | 2.2% | -15.4% | -10.4% | -9.3% | -26.8% | -4.5% |
| Airports | 0.636 | 0.527 | 0.441 | 0.694 | 0.574 | 0.535 | 0.476 | 0.462 | 0.460 | 5.232 | 4.725 |
| month-over-month % change | 14.0% | -17.1% | -16.3% | -5.4% | -17.3% | -6.8% | -1.5% | -2.9% | -0.4% | ||
| year-over-year % change | -11.9% | -24.1% | -4.3% | -9.4% | -18.1% | -14.6% | -11.0% | -15.0% | -8.2% | -20.8% | -9.7% |
| Roads/Highways | 6.164 | 4.879 | 5.056 | 7.025 | 6.386 | 5.366 | 5.569 | 5.642 | 5.638 | 54.962 | 58.959 |
| month-over-month % change | -24.0% | -20.8% | 3.6% | -6.6% | -9.1% | -16.0% | 1.4% | 1.3% | -0.1% | ||
| year-over-year % change | 18.3% | 21.8% | -1.0% | 15.6% | 26.6% | 12.4% | 4.3% | 7.2% | 6.9% | -3.5% | 7.3% |
| Bridges | 1.261 | 1.235 | 1.314 | 1.432 | 1.328 | 1.270 | 1.551 | 1.573 | 1.593 | 19.083 | 15.439 |
| month-over-month % change | -15.3% | -2.1% | 6.4% | -8.5% | -7.2% | -4.4% | 0.7% | 1.5% | 1.3% | ||
| year-over-year % change | 10.7% | 28.2% | 22.2% | -31.0% | -6.1% | 19.9% | -27.5% | -20.9% | -15.5% | -28.4% | -19.1% |
| Dams/Marine | 0.643 | 0.925 | 0.899 | 0.624 | 0.713 | 0.822 | 0.592 | 0.637 | 0.607 | 7.137 | 6.139 |
| month-over-month % change | 12.7% | 43.8% | -2.7% | 10.0% | 14.3% | 15.4% | -2.2% | 7.5% | -4.6% | ||
| year-over-year % change | -20.3% | 134.7% | -28.3% | -7.4% | 23.0% | 0.5% | -16.6% | -8.7% | -15.3% | 0.7% | -14.0% |
| Water/Sewage | 2.818 | 2.850 | 2.682 | 3.179 | 3.042 | 2.783 | 2.775 | 2.750 | 2.787 | 26.924 | 29.116 |
| month-over-month % change | -18.6% | 1.1% | -5.9% | -8.3% | -4.3% | -8.5% | 0.4% | -0.9% | 1.3% | ||
| year-over-year % change | 5.3% | -9.7% | 19.8% | 5.7% | 4.6% | 3.5% | 3.0% | 0.5% | 2.5% | 3.9% | 8.1% |
| Misc Civil | 1.681 | 1.303 | 1.233 | 2.504 | 2.373 | 1.405 | 1.948 | 1.979 | 1.973 | 19.715 | 20.661 |
| month-over-month % change | -59.4% | -22.5% | -5.3% | 7.5% | -5.2% | -40.8% | -2.1% | 1.6% | -0.3% | ||
| year-over-year % change | -22.9% | 39.1% | -5.7% | 11.3% | 25.6% | -4.7% | -35.3% | -27.8% | -17.3% | -47.1% | 4.8% |
| TOTAL ENGINEERING | 13.201 | 11.718 | 11.626 | 15.457 | 14.416 | 12.182 | 12.911 | 13.042 | 13.057 | 133.052 | 135.039 |
| month-over-month % change | -28.0% | -11.2% | -0.8% | -4.5% | -6.7% | -15.5% | 0.3% | 1.0% | 0.1% | ||
| year-over-year % change | 3.7% | 15.5% | 1.6% | 4.1% | 15.0% | 6.5% | -10.5% | -6.6% | -3.1% | -17.1% | 1.5% |
| GRAND TOTAL | 64.394 | 65.396 | 56.048 | 68.900 | 66.472 | 61.946 | 61.426 | 62.137 | 61.661 | 595.953 | 630.588 |
| month-over-month % change | -7.5% | 1.6% | -14.3% | -0.9% | -3.5% | -6.8% | 0.0% | 1.2% | -0.8% | ||
| year-over-year % change | 0.2% | 15.0% | -9.2% | 7.4% | 9.1% | 1.6% | -1.1% | 1.5% | 2.2% | -15.1% | 5.8% |
| NONRES BLDG + ENGINEERING | 33.878 | 38.739 | 28.837 | 37.303 | 37.138 | 33.818 | 32.454 | 33.269 | 33.026 | 346.902 | 339.332 |
| month-over-month % change | -12.7% | 14.3% | -25.6% | -1.2% | -0.4% | -8.9% | -0.8% | 2.5% | -0.7% | ||
| year-over-year % change | -8.8% | 33.8% | -9.2% | 0.7% | 11.5% | 3.7% | -13.5% | -9.0% | -7.0% | -23.4% | -2.2% |
Data Source and Table: ConstructConnect.
TABLE 9: U.S. YEAR-TO-DATE REGIONAL STARTS,
NONRESIDENTIAL CONSTRUCTION* — CONSTRUCTCONNECT
| JAN-OCT 2020 | JAN-OCT 2021 | % Change | |||
| Connecticut | $3,122,006,340 | $2,406,706,216 | -22.9% | ||
| Maine | $1,511,399,977 | $2,750,998,643 | 82.0% | ||
| Massachusetts | $8,111,317,448 | $9,896,095,020 | 22.0% | ||
| New Hampshire | $952,695,510 | $1,229,033,007 | 29.0% | ||
| Rhode Island | $669,658,311 | $847,490,711 | 26.6% | ||
| Vermont | $496,036,586 | $331,917,847 | -33.1% | ||
| Total New England | $14,863,114,172 | $17,462,241,444 | 17.5% | ||
| New Jersey | $6,467,066,577 | $5,761,306,283 | -10.9% | ||
| New York | $15,739,414,855 | $17,399,931,465 | 10.6% | ||
| Pennsylvania | $9,339,646,725 | $11,687,198,633 | 25.1% | ||
| Total Middle Atlantic | $31,546,128,157 | $34,848,436,381 | 10.5% | ||
| TOTAL NORTHEAST | $46,409,242,329 | $52,310,677,825 | 12.7% | ||
| Illinois | $13,053,616,243 | $10,899,118,345 | -16.5% | ||
| Indiana | $7,294,248,959 | $6,771,752,794 | -7.2% | ||
| Michigan | $7,057,470,408 | $7,929,113,916 | 12.4% | ||
| Ohio | $13,211,176,610 | $12,295,856,831 | -6.9% | ||
| Wisconsin | $8,287,919,942 | $6,205,542,826 | -25.1% | ||
| Total East North Central | $48,904,432,162 | $44,101,384,712 | -9.8% | ||
| Iowa | $4,635,160,624 | $4,694,651,148 | 1.3% | ||
| Kansas | $4,442,350,032 | $3,195,371,526 | -28.1% | ||
| Minnesota | $7,710,507,929 | $8,762,405,650 | 13.6% | ||
| Missouri | $8,626,396,671 | $7,513,217,867 | -12.9% | ||
| Nebraska | $3,800,489,409 | $3,281,633,583 | -13.7% | ||
| North Dakota | $2,182,888,848 | $2,009,304,284 | -8.0% | ||
| South Dakota | $1,063,520,164 | $1,469,304,052 | 38.2% | ||
| Total West North Central | $32,461,313,677 | $30,925,888,110 | -4.7% | ||
| TOTAL MIDWEST | $81,365,745,839 | $75,027,272,822 | -7.8% | ||
| Delaware | $1,419,270,081 | $928,856,016 | -34.6% | ||
| District of Columbia | $749,442,488 | $808,354,414 | 7.9% | ||
| Florida | $19,738,191,294 | $20,491,925,229 | 3.8% | ||
| Georgia | $11,256,814,014 | $9,737,484,234 | -13.5% | ||
| Maryland | $6,002,079,400 | $4,915,214,198 | -18.1% | ||
| North Carolina | $9,204,247,095 | $11,788,798,632 | 28.1% | ||
| South Carolina | $4,699,497,687 | $4,213,318,945 | -10.3% | ||
| Virginia | $9,702,182,397 | $8,401,308,066 | -13.4% | ||
| West Virginia | $2,263,482,208 | $1,027,712,333 | -54.6% | ||
| Total South Atlantic | $65,035,206,664 | $62,312,972,067 | -4.2% | ||
| Alabama | $4,399,312,992 | $5,686,169,168 | 29.3% | ||
| Kentucky | $4,771,467,261 | $3,449,983,246 | -27.7% | ||
| Mississippi | $2,593,766,306 | $1,927,098,984 | -25.7% | ||
| Tennessee | $6,473,648,696 | $8,344,268,197 | 28.9% | ||
| Total East South Central | $18,238,195,255 | $19,407,519,595 | 6.4% | ||
| Arkansas | $3,932,053,888 | $2,575,062,353 | -34.5% | ||
| Louisiana | $4,175,171,576 | $5,856,099,010 | 40.3% | ||
| Oklahoma | $3,740,826,066 | $3,791,522,281 | 1.4% | ||
| Texas | $43,698,207,873 | $40,228,526,360 | -7.9% | ||
| Total West South Central | $55,546,259,403 | $52,451,210,004 | -5.6% | ||
| TOTAL SOUTH | $138,819,661,322 | $134,171,701,666 | -3.3% | ||
| Arizona | $7,095,283,822 | $14,482,891,874 | 104.1% | ||
| Colorado | $6,522,435,472 | $6,156,158,163 | -5.6% | ||
| Idaho | $1,275,925,299 | $1,040,640,914 | -18.4% | ||
| Montana | $1,429,458,527 | $1,023,961,053 | -28.4% | ||
| Nevada | $3,180,082,046 | $3,342,287,609 | 5.1% | ||
| New Mexico | $1,787,866,001 | $1,607,946,240 | -10.1% | ||
| Utah | $5,788,098,214 | $4,292,111,798 | -25.8% | ||
| Wyoming | $825,522,580 | $926,495,217 | 12.2% | ||
| Total Mountain | $27,904,671,961 | $32,872,492,868 | 17.8% | ||
| Alaska | $1,313,005,101 | $1,175,848,027 | -10.4% | ||
| California | $33,261,361,093 | $30,256,720,799 | -9.0% | ||
| Hawaii | $1,751,880,879 | $1,830,391,355 | 4.5% | ||
| Oregon | $3,791,867,306 | $4,617,293,358 | 21.8% | ||
| Washington | $12,284,860,201 | $7,069,107,465 | -42.5% | ||
| Total Pacific | $52,402,974,580 | $44,949,361,004 | -14.2% | ||
| TOTAL WEST | $80,307,646,541 | $77,821,853,872 | -3.1% | ||
| TOTAL U.S. | $346,902,296,031 | $339,331,506,185 | -2.2% |
*Figures above are comprised of nonres building and engineering (i.e., residential is omitted).
Data Source and Table: ConstructConnect.
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