A Chipmaker to the Rescue
ConstructConnect announced today that September 2021’s volume of construction starts, excluding residential work, was $38.0 billion (see shaded green box, bottom of Table 8 below), an increase of +12.7% compared with August 2021’s level of $33.7 billion (originally reported as $33.0 billion).
Compared with September 2020, the latest month’s nonresidential starts were +31.1%. On a year-to-date basis, they were -2.3%. GRAND TOTAL starts in September 2021 (i.e., including residential activity) were +7.4% m/m, +19.6% y/y, and +7.3% ytd.
View this information as an infographic.
Click here to download the complete Construction Industry Snapshot Package – September 2021 PDF.
The latest month’s starts statistics feature three mega-sized projects of a billion dollars or more each, adding to $10.3 billion. At $1.3 billion and $1.0 billion are a plastics plant in Louisiana and a university medical complex in California (see Top 10 Project Starts in the U.S. – September 2021). But those two projects, big as they are, take back seats to the estimated $8.0 billion undertaking being launched by computer chipmaker Intel Corporation in Maricopa County (Phoenix), Arizona. The company has announced capital spending of $20 billion on two plants, but major portions of the bill will be directed towards equipment. Especially important in high-tech chip plants are ultra-‘clean’ rooms to avoid micro-fiber and other forms of contamination in the production process.
The most prominent mega project in last year’s September starts statistics was the Tesla Cybertruck Gigafactory in Austin, Texas, for $1.1 billion.
Up, Down, and Sideways
ConstructConnect’s ‘starts’ statistics through the first three quarters of 2021 hiked along markedly different routes. Versus results for Jan-Sept 2020, residential starts pulled ahead by a fifth, +21.1%; heavy engineering/civil was little better than flat, +1.7%; and nonresidential building stumbled, -4.9%.
On a month-to-month basis in September, however, it was nonresidential building that took the lead, +31.0%. Residential was in a holding pattern, +1.3%; and heavy engineering/civil fell behind, -14.4%.
Progression of Trailing 12-Month (TTM) Starts Clearly Healthier
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 8 of this report below. Grand Total TTM starts in September on a month-to-month basis were +1.5%, compared with -0.1% in August and +1.0% in July. On a year-over-year basis in September, GT TTM starts were +1.2% versus -1.7% in August and -4.0% in July. The progression of y/y GT TTM starts, from significant decline to mild decline to marginally positive, is clearly in a healthier direction.
Census Bureau’s PIP Numbers Highlight Homebuilding Surge
‘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 August 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., 49.5%-to-50.5% respectively). The Census Bureau’s August 2021 NSA ytd PIP results are +7.0% for total; +25.8%, residential; and -6.7%, 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 +47,000 Year to Date
Total employment in U.S. construction rose by +22,000 jobs in September, with half of the increase due to net hiring of +11,000 by nonresidential subcontractors. Residential work played a minimal role in jobs creation in the latest month. Construction has still non recovered all the jobs it lost between February and April of last year. The sector’s jobs claw back ratio is currently 81.9%, slightly ahead of the 77.8% figure for total employment in the country.
Among major sectors, ‘transportation and warehousing’ has the best jobs recovery ratio, at 112.5%. The T&W segment of the economy has fully replaced the big jobs drop in Spring of last year, plus added more workers. Nevertheless, big logistical problems remain unresolved. Delayed offloading at West Coast ports is a particular headache at present, causing supply chain gaps and contributing to the ballooning of general price inflation (+5.4% year over year for the ‘all-items’ Consumer Price Index in September).
Other corners of the economy with close ties to construction have managed the following year over year increases in employment: architectural and engineering services, +5.2%; machinery and equipment rental and leasing, also +5.2%; real estate firms, +4.3%; oil and gas extraction, +2.8%; cement and concrete product manufacturing, -1.6%; and building material and supplies dealers, -2.6%. The solid increase of +5.2% y/y for employment with project design firms augurs well for eventual sitework construction 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 – September 2021
For each month, ‘net’ = zero. ‘Subtrade’ in BLS data referred to as ‘specialty’ trade.
Data source: Bureau of Labor Statistics (BLS).
Chart: ConstructConnect.
Graph 2: U.S. Employment September 2021 – % Change Y/Y
Based on Seasonally Adjusted (SA) Data
The latest data points are for September 2021.
Data source: Payroll Survey, Bureau of Labor Statistics (BLS).
Chart: ConstructConnect.
Graph 3: Y/Y Jobs Change, U.S. Total Industry & Major Subsectors − September 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 September 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 ‒ September 2021
Data source: Bureau of Labor Statistics (BLS).
Chart: ConstructConnect.
Pluses and Minuses Among Type of Structure Subcategories
September’s +12.7% month-to-month (m/m) increase in total nonresidential starts was entirely due to a big jump in industrial work (+963.0%). Starts volumes in the other three major subcategories moved in the other direction: commercial, -26.3%; engineering, -14.4%; and institutional, -9.7%. Industrial’s leap upwards was thanks to the groundbreaking ceremony for Intel’s two new chipmaking plants (see Top 10 Project Starts in the U.S. – September 2021).
The +31.1% climb in September 2021’s total nonresidential starts versus September 2020 (y/y) resulted from a large advance in industrial, +389.5%, and a decent step forward by heavy engineering, +14.4%. Institutional was barely more than flat, +1.7%. Commercial, though, took a tumble, -12.2%.
The small pullback of -2.3% in total nonresidential starts year to date (Jan-Sept 2021/Jan-Sept 2020) has flowed from declines of almost equal magnitude in institutional (-10.1%) and commercial (-9.1%). Year-to-date gains in industrial (+41.6%) and engineering (+1.7%) haven’t quite been able to make up the difference.
There are two dominant subcategories of total nonresidential starts. When the nearly equal volumes of ‘roads/highways’ (with a 17.5% share) and ‘schools/colleges’ (with a 15.5% share) are added together, they account for one-third of total nonresidential. The key time-frame metrics for street starts in September were -21.3% m/m; but +20.7% y/y; and +8.0% ytd. The percentage changes for school starts were weaker: -39.1% m/m; -13.9% y/y; and -14.1% ytd.
The next largest contributor (with an 8.7% share) to total nonresidential starts is the ‘water/sewage’ subcategory, which in September managed a +8.2% gain ytd despite contractions of -8.6% m/m and -10.0% y/y.
A combined health care subcategory, comprised of ‘hospitals/clinics,’ ‘nursing/assisted living,’ and ‘miscellaneous medical,’ turned in sterling percentage changes of +60.6% m/m; +32.9% y/y; and +1.5% ytd in September. The ‘hospital/clinic’ subcategory on its own was +130.4% m/m; +88.9% y/y; and +25.9% ytd (see Top 10 list for some of the biggest groundbreakings.)
Within commercial, the ‘hotel/motel’ subcategory remained deeply negative ytd in September, -39.9%, although the month-to-month performance was +58.6%. ‘Private office building’ starts were -51.9% m/m; -7.6% y/y; and -26.8% ytd. ‘Retail/shopping’ was -37.6% m/m; and -7.8% y/y; but +7.0% ytd. Warehouse starts may have been -7.6% ytd, but they were +12.3% m/m; and +26.8% y/y. ‘Government office building’ starts have been a sleeper success at +12.0% ytd.
Table 2: Construction Starts in Some Additional Type of Structure Subcategories
Jan-SEP 2021 | % Change vs | |
($ billions) | Jan-SEP 2020 | |
Sports Stadiums/Convention Centers | $3.236 | -17.4% |
Transportation Teminals | $3.333 | 62.2% |
Courthouses | $1.813 | 39.7% |
Police Stations & Fire Halls | $2.171 | -10.3% |
Prisons | $1.670 | -15.0% |
Pre-School/Elementary | $13.475 | -20.0% |
Junior & Senior High Schools | $21.674 | -7.5% |
K-12 (sum of above two categories) | $35.149 | -12.8% |
Special & Vocational Schools | $1.408 | -17.6% |
Colleges & Universities | $11.197 | -17.6% |
Electric Power Infrastructure | $7.670 | 133.3% |
Data Source and Table: ConstructConnect.
A More Normal Pattern in Latest JOLTS Results
The latest Job Openings and Labor Turnover Survey (JOLTS) report shows job vacancies in the construction sector, both as a level and rate, edging back up towards the peaks they reached in early 2019. Theoretically, lots of ‘openings’ should lead to a burst of ‘hiring,’ but in many recent months, that hasn’t automatically followed. In September, though, ‘hiring’ did suddenly perk up.
Undoubtedly, one aid to a higher level and rate of worker sign-ups has been significant improvement in pay packages. In September, construction worker earnings were +5.8% y/y hourly and a stunning +10.2% weekly. It should be added that the outsized weekly increase was partly triggered by existing workers staying on the job longer to compensate for a labor shortage.
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 August 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 August 2021. JOLTS = Job Openings and Labor Turnover Survey.
Data source: Bureau of Labor Statistics (BLS).
Chart: ConstructConnect.
Many Trend Graphs on Cusp of Reversing Course
Many of the 12-month moving average trend graphs (Nonresidential Construction Starts Trend Graphs – September 2021) are preparing to reverse direction from descending to ascending.
Both nonresidential and heavy engineering are showing mild upticks after declining noticeably throughout 2020, then flattening earlier this year.
Within nonresidential building, the slide in institutional starts came to a halt in the latest month, while a recent pattern of upticks in the commercial curve suffered a setback. The ‘private office buildings’ subcategory is still falling, but not as steeply as in 2020. ‘Retail,’ which has had an extremely difficult time since 2016, is now working on a barely perceptible comeback.
The trend line for ‘school/college’ starts continues angling downwards. ‘Hospital/clinic’ starts, though, have leveled off and appear to be contemplating a climb.
The ‘roads/highways’ curve is maintaining expansionary momentum, as is ‘water/sewage’ work, although not to quite the same positive degree. The retreat by ‘miscellaneous civil’ appears to have run its course, with the curve now moving sideways. Finally, the easing in ‘bridge’ starts has, at least momentarily, altered course.
Y/Y Weekly Construction Wages +10.2%
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 non-farm payrolls. B-8 is for ‘production and non-supervisory personnel’ only (i.e., it excludes bosses). For ‘all jobs’ and construction, there are eight relevant percentage changes to consider.
From Table B3 (including bosses), ‘all jobs’ earnings y/y in September were +4.6% both hourly and weekly. For construction workers, the compensation climb was about even with ‘all jobs’ hourly, +4.5%, but considerably more impressive weekly, +7.2%. There’s more dramatic news to relate. From Table B8 (excluding bosses), the ‘all jobs’ year-over-year earnings gains were +5.5% hourly and +5.8% weekly. Construction workers sped a little ahead of ‘all jobs’ hourly +5.8%, and left ‘all jobs’ in their dust weekly, at +10.2%.
Earlier during the past decade, wage increases, both generally and in construction, ranged between +2.0% and +3.0% y/y. Such days of moderation, temporarily at least, have slipped into history. Lately, when considering the challenges facing the contracting community, there’s been a tendency to fixate on rising material costs. Also warranting a careful look are rising charges for the other key input component, labor.
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 September 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 September 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-SEP 2021 | % Change vs Jan-SEP 2020 | ||
1 | Texas | $36,062,955,735 | -7.0% |
2 | California | $26,222,026,616 | -15.4% |
3 | Florida | $17,885,946,387 | 0.9% |
4 | New York | $16,241,235,836 | 11.3% |
5 | Arizona | $14,094,761,007 | 112.7% |
6 | Ohio | $10,881,621,127 | -12.1% |
7 | Pennsylvania | $10,847,462,628 | 25.1% |
8 | North Carolina | $10,478,313,791 | 32.2% |
9 | Illinois | $10,006,747,640 | -16.2% |
10 | Massachusetts | $9,214,623,103 | 19.6% |
11 | Georgia | $9,176,715,480 | -11.0% |
12 | Minnesota | $8,170,896,538 | 18.6% |
13 | Tennessee | $7,779,264,272 | 29.4% |
14 | Virginia | $7,312,994,654 | -13.0% |
15 | Missouri | $7,131,437,408 | -10.1% |
16 | Michigan | $7,129,981,070 | 10.5% |
17 | Washington | $6,651,198,132 | -42.6% |
18 | Wisconsin | $5,799,856,713 | -24.9% |
19 | Indiana | $5,724,401,430 | -15.9% |
20 | Colorado | $5,541,100,954 | -8.1% |
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-SEP 2021 | % Change vs Jan-SEP 2020 | ||
1 | Texas | $20,909,900,315 | -19.9% |
2 | California | $15,094,807,137 | -6.9% |
3 | Arizona | $13,099,653,690 | 159.7% |
4 | Florida | $11,262,208,370 | -3.4% |
5 | New York | $10,153,944,161 | -0.6% |
6 | North Carolina | $7,770,058,563 | 26.7% |
7 | Pennsylvania | $7,530,510,542 | 55.5% |
8 | Ohio | $6,648,793,206 | -19.3% |
9 | Georgia | $6,111,044,917 | -13.8% |
10 | Tennessee | $5,897,648,868 | 36.4% |
11 | Virginia | $5,353,263,150 | 3.6% |
12 | Illinois | $4,803,928,902 | -24.6% |
13 | Missouri | $4,714,008,747 | -21.2% |
14 | Massachusetts | $4,260,414,088 | -24.2% |
15 | Washington | $4,128,977,192 | -18.7% |
16 | Alabama | $3,728,834,516 | 43.4% |
17 | Louisiana | $3,566,700,220 | 171.5% |
18 | Maryland | $3,553,894,365 | -18.4% |
19 | Colorado | $3,520,670,971 | -12.6% |
20 | Michigan | $3,152,109,391 | -11.2% |
Data Source and Table: ConstructConnect.
Table 5: 2021 YTD Ranking of Top 20 States by $ Volume of Heavy/Engineering Civil Construction Starts – ConstructConnect
Jan-SEP 2021 | % Change vs Jan-SEP 2020 | ||
1 | Texas | $15,153,055,420 | 19.6% |
2 | California | $11,127,219,479 | -24.7% |
3 | Florida | $6,623,738,017 | 9.3% |
4 | New York | $6,087,291,675 | 38.8% |
5 | Minnesota | $5,754,369,250 | 61.3% |
6 | Illinois | $5,202,818,738 | -6.7% |
7 | Massachusetts | $4,954,209,015 | 137.4% |
8 | Ohio | $4,232,827,921 | 2.1% |
9 | Michigan | $3,977,871,679 | 37.1% |
10 | Pennsylvania | $3,316,952,086 | -13.4% |
11 | Wisconsin | $3,070,050,114 | 7.3% |
12 | Georgia | $3,065,670,563 | -4.8% |
13 | North Carolina | $2,708,255,228 | 50.8% |
14 | Indiana | $2,609,706,356 | -7.3% |
15 | New Jersey | $2,540,145,017 | -8.3% |
16 | Washington | $2,522,220,940 | -61.2% |
17 | Missouri | $2,417,428,661 | 24.1% |
18 | Oklahoma | $2,082,041,712 | 29.1% |
19 | Iowa | $2,056,825,614 | -10.6% |
20 | Colorado | $2,020,429,983 | 0.9% |
Data Source and Table: ConstructConnect.
Ongoing Cost Pressure from Material Inputs
August’s y/y results for three structures-related BLS Producer Price Index (PPI) series were as follows: ‘construction materials special index,’ +31.1% (an enormous increase, but not quite as high as July’s +33.1%); ‘inputs to new construction index, excluding capital investment, labor, and imports,’ +21.0% (again, a huge jump, but also a small step back from the previous month’s figure, +25.4%) and ‘final demand construction,’ designed to capture bid prices, +5.0% (a little more robust than July’s +4.5%). The historical values for these three series appear in Graph 9.
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), softwood lumber in August was -9.8% year over year (it had been +154.3% three months earlier in May); asphalt, +50.9%; hot rolled steel bars, plates, and structural shapes, +49.0%; aluminum sheet and strip, +41.7%; copper wire and cable, +31.4%; and gypsum products, +22.9%.
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.
Graph 9: U.S. Construction Bid Prices vs Material Input Costs – August 2021
Latest data points are for August 2021.
Chart: ConstructConnect.
Data source: Bureau of Labor Statistics, Producer Price Index data set.
Chart: ConstructConnect.
September 2021’s ‘Grand Total’ Starts +7.3% YTD
From Table 8 below, ConstructConnect’s total residential starts in September were +1.3% m/m, +7.7% y/y, and +21.1% ytd. Multi-family starts in September were quite weak, -38.5% m/m and -33.8% y/y, but ytd they were +5.8%. Single-family starts, though, continued to shine in the latest period, +14.3% m/m, +21.1% y/y, and +27.1% ytd. Including home building with all nonresidential categories, Grand Total starts in September 2021 were +7.4% m/m, +19.6% y/y, and +7.3% 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 United States 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 – September 2021 PDF.
Click here for the Top 10 Project Starts in the U.S. – September 2021.
Click here for the Nonresidential Construction Starts Trend Graphs – September 2021.
TABLE 6: VALUE OF UNITED STATES NONRESIDENTIAL CONSTRUCTION STARTS
SEPTEMBER 2021 – CONSTRUCTCONNECT
% Change | % Change | % Change | ||||
Jan-SEP 21 | Jan-SEP 21 vs | SEP 21 vs | SEP 21 vs | |||
($ billions) | Jan-SEP 20 | SEP 20 | AUG 21 | |||
Hotel/Motel | 5.028 | -39.9% | 2.4% | 58.6% | ||
Retail | 10.152 | 7.0% | -7.8% | -37.6% | ||
Parking Garage | 1.339 | -4.8% | -39.6% | -45.8% | ||
Amusement | 5.153 | 7.5% | -47.6% | -50.2% | ||
Private Office | 13.747 | -26.8% | -7.6% | -51.9% | ||
Government Office | 9.466 | 12.0% | -43.0% | -21.9% | ||
Laboratory | 1.758 | 6.4% | -34.1% | -39.4% | ||
Warehouse | 18.298 | -7.6% | 26.8% | 12.3% | ||
Miscellaneous Commercial* | 6.569 | 10.0% | -17.1% | -26.0% | ||
COMMERCIAL (big subset) | 71.509 | -9.1% | -12.2% | -26.3% | ||
INDUSTRIAL (Manufacturing) | 23.793 | 41.6% | 389.5% | 963.0% | ||
Religious | 0.757 | -35.5% | -65.0% | -69.3% | ||
Hospital/Clinic | 12.157 | 25.9% | 88.9% | 130.4% | ||
Nursing/Assisted Living | 4.364 | -23.1% | -57.9% | -41.3% | ||
Library/Museum | 1.947 | -39.1% | 116.2% | 34.5% | ||
Police/Courthouse/Prison | 5.654 | -0.5% | -10.5% | -4.7% | ||
Military | 6.507 | -3.8% | 2.3% | 55.6% | ||
School/College | 47.754 | -14.1% | -13.9% | -39.1% | ||
Miscellaneous Medical | 5.197 | -14.5% | 59.8% | 61.0% | ||
INSTITUTIONAL | 84.337 | -10.1% | 1.7% | -9.7% | ||
Miscellaneous Nonresidential | 4.452 | 5.3% | -8.9% | 9.0% | ||
NONRESIDENTIAL BUILDING | 184.091 | -4.9% | 40.1% | 31.0% | ||
Airport | 4.353 | -8.8% | -20.3% | -13.3% | ||
Road/Highway | 53.856 | 8.0% | 20.7% | -21.3% | ||
Bridge | 14.237 | -20.9% | 20.6% | -20.6% | ||
Dam/Marine | 5.244 | -10.9% | 134.9% | 43.8% | ||
Water/Sewage | 26.704 | 8.2% | -10.0% | -8.6% | ||
Miscellaneous Civil (power, pipelines, etc.) | 19.298 | 4.8% | 38.3% | -16.9% | ||
HEAVY ENGINEERING (Civil) | 123.691 | 1.7% | 14.4% | -14.4% | ||
TOTAL NONRESIDENTIAL | 307.781 | -2.3% | 31.1% | 12.7% |
*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 – SEPTEMBER 2021
Arranged to match the alphabetical category drop-down menus in INSIGHT
% Change | % Change | % Change | ||||||
Jan-Sep 21 | Jan-Sep 21 vs | Sep 21 vs | Sep 21 vs | |||||
($ billions) | Jan-Sep 20 | Aug 20 | Aug 21 | |||||
Summary | ||||||||
CIVIL | 123.691 | 1.7% | 14.4% | -14.4% | ||||
NONRESIDENTIAL BUILDING | 184.091 | -4.9% | 40.1% | 31.0% | ||||
RESIDENTIAL | 265.358 | 21.1% | 7.7% | 1.3% | ||||
GRAND TOTAL | 573.139 | 7.3% | 19.6% | 7.4% | ||||
Verticals | ||||||||
Airport | 4.353 | -8.8% | -20.3% | -13.3% | ||||
All Other Civil | 11.627 | -23.1% | 46.9% | -34.9% | ||||
Bridges | 14.237 | -20.9% | 20.6% | -20.6% | ||||
Dams / Canals / Marine Work | 5.244 | -10.9% | 134.9% | 43.8% | ||||
Power Infrastructure | 7.670 | 133.3% | 18.9% | 272.0% | ||||
Roads | 53.856 | 8.0% | 20.7% | -21.3% | ||||
Water and Sewage Treatment | 26.704 | 8.2% | -10.0% | -8.6% | ||||
CIVIL | 123.691 | 1.7% | 14.4% | -14.4% | ||||
Offices (private) | 13.747 | -26.8% | -7.6% | -51.9% | ||||
Parking Garages | 1.339 | -4.8% | -39.6% | -45.8% | ||||
Transportation Terminals | 3.333 | 62.2% | -24.0% | 15.2% | ||||
Commercial (small subset) | 18.419 | -17.1% | -13.3% | -45.6% | ||||
Amusement | 5.153 | 7.5% | -47.6% | -50.2% | ||||
Libraries / Museums | 1.947 | -39.1% | 116.2% | 34.5% | ||||
Religious | 0.757 | -35.5% | -65.0% | -69.3% | ||||
Sports Arenas / Convention Centers | 3.236 | -17.4% | -0.3% | -55.8% | ||||
Community | 11.092 | -15.2% | -24.9% | -43.9% | ||||
College / University | 11.197 | -17.6% | -41.4% | -43.9% | ||||
Elementary / Pre School | 13.475 | -20.0% | 3.6% | -22.3% | ||||
Jr / Sr High School | 21.674 | -7.5% | 17.6% | -45.3% | ||||
Special / Vocational | 1.408 | -17.6% | -41.7% | -21.1% | ||||
Educational | 47.754 | -14.1% | -13.9% | -39.1% | ||||
Courthouses | 1.813 | 39.7% | 15.0% | 22.8% | ||||
Fire and Police Stations | 2.171 | -10.3% | -1.9% | 9.7% | ||||
Government Offices | 9.466 | 12.0% | -43.0% | -21.9% | ||||
Prisons | 1.670 | -15.0% | -29.4% | -28.5% | ||||
Government | 15.120 | 6.9% | -34.1% | -16.3% | ||||
Industrial Labs / Labs / School Labs | 1.758 | 6.4% | -34.1% | -39.4% | ||||
Manufacturing | 23.793 | 41.6% | 389.5% | 963.0% | ||||
Warehouses | 18.298 | -7.6% | 26.8% | 12.3% | ||||
Industrial | 43.848 | 14.6% | 216.0% | 309.6% | ||||
Hospitals / Clinics | 12.157 | 25.9% | 88.9% | 130.4% | ||||
Medical Misc. | 5.197 | -14.5% | 59.8% | 61.0% | ||||
Nursing Homes | 4.364 | -23.1% | -57.9% | -41.3% | ||||
Medical | 21.718 | 1.5% | 32.9% | 60.6% | ||||
Military | 6.507 | -3.8% | 2.3% | 55.6% | ||||
Hotels | 5.028 | -39.9% | 2.4% | 58.6% | ||||
Retail Misc. | 4.452 | 5.3% | -8.9% | 9.0% | ||||
Shopping | 10.152 | 7.0% | -7.8% | -37.6% | ||||
Retail | 19.632 | -11.1% | -5.3% | -14.3% | ||||
NONRESIDENTIAL BUILDING | 184.091 | -4.9% | 40.1% | 31.0% | ||||
Multi-Family | 64.685 | 5.8% | -33.8% | -38.5% | ||||
Single-Family | 200.672 | 27.1% | 21.1% | 14.3% | ||||
RESIDENTIAL | 265.358 | 21.1% | 7.7% | 1.3% | ||||
NONRESIDENTIAL | 307.781 | -2.3% | 31.1% | 12.7% | ||||
GRAND TOTAL | 573.139 | 7.3% | 19.6% | 7.4% |
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 – SEPTEMBER 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-SEP | JAN-SEP | ||||||||
JUL 21 | AUG 21 | SEP 21 | JUL 21 | AUG 21 | SEP 21 | JUL 21 | AUG 21 | SEP 21 | 2020 | 2021 | |
Single Family | 24.024 | 22.350 | 25.546 | 24.212 | 24.007 | 23.973 | 21.313 | 21.465 | 21.836 | 157.926 | 200.672 |
month-over-month % change | -6.3% | -7.0% | 14.3% | 2.5% | -0.8% | -0.1% | 1.3% | 0.7% | 1.7% | ||
year-over-year % change | 16.0% | 8.9% | 21.1% | 33.8% | 19.9% | 15.4% | 28.3% | 27.4% | 27.2% | 4.8% | 27.1% |
Apartment | 6.558 | 7.323 | 4.507 | 7.357 | 7.225 | 6.129 | 7.252 | 7.311 | 7.119 | 61.112 | 64.685 |
month-over-month % change | -15.8% | 11.7% | -38.5% | -13.1% | -1.8% | -15.2% | -0.6% | 0.8% | -2.6% | ||
year-over-year % change | -7.9% | 10.7% | -33.8% | 4.3% | 2.0% | -10.5% | -9.5% | -5.9% | -5.5% | -12.4% | 5.8% |
TOTAL RESIDENTIAL | 30.582 | 29.672 | 30.053 | 31.569 | 31.232 | 30.102 | 28.565 | 28.776 | 28.955 | 219.039 | 265.358 |
month-over-month % change | -8.5% | -3.0% | 1.3% | -1.6% | -1.1% | -3.6% | 0.8% | 0.7% | 0.6% | ||
year-over-year % change | 9.9% | 9.3% | 7.7% | 25.5% | 15.2% | 9.0% | 16.0% | 16.9% | 17.3% | -0.7% | 21.1% |
Hotel/Motel | 0.696 | 0.363 | 0.576 | 0.693 | 0.600 | 0.545 | 0.592 | 0.573 | 0.574 | 8.364 | 5.028 |
month-over-month % change | -6.1% | -47.8% | 58.6% | 3.5% | -13.4% | -9.2% | -1.1% | -3.3% | 0.2% | ||
year-over-year % change | -10.1% | -38.9% | 2.4% | 24.1% | -4.7% | -15.3% | -59.6% | -58.9% | -55.5% | -49.1% | -39.9% |
Retail | 0.828 | 1.535 | 0.958 | 1.186 | 1.298 | 1.107 | 1.053 | 1.085 | 1.078 | 9.487 | 10.152 |
month-over-month % change | -45.9% | 85.3% | -37.6% | -7.3% | 9.4% | -14.7% | -1.6% | 3.1% | -0.6% | ||
year-over-year % change | -20.3% | 34.0% | -7.8% | 20.4% | 21.0% | 3.0% | -3.8% | 0.8% | 2.9% | -29.3% | 7.0% |
Parking Garages | 0.177 | 0.145 | 0.079 | 0.144 | 0.150 | 0.134 | 0.147 | 0.144 | 0.139 | 1.407 | 1.339 |
month-over-month % change | 40.4% | -18.1% | -45.8% | 40.1% | 4.2% | -10.6% | 4.6% | -2.2% | -3.0% | ||
year-over-year % change | 78.6% | -20.9% | -39.6% | 0.6% | 10.9% | -2.9% | -15.5% | -15.7% | -19.6% | -43.5% | -4.8% |
Amusement | 1.167 | 0.602 | 0.300 | 0.791 | 0.818 | 0.690 | 0.558 | 0.578 | 0.555 | 4.795 | 5.153 |
month-over-month % change | 70.4% | -48.4% | -50.2% | 47.4% | 3.4% | -15.7% | 13.4% | 3.6% | -3.9% | ||
year-over-year % change | 208.6% | 65.4% | -47.6% | 80.9% | 90.9% | 57.4% | -1.6% | 3.9% | -0.7% | -15.6% | 7.5% |
Office | 1.887 | 2.783 | 1.338 | 1.288 | 1.869 | 2.003 | 1.822 | 1.747 | 1.738 | 18.770 | 13.747 |
month-over-month % change | 101.7% | 47.5% | -51.9% | 6.2% | 45.1% | 7.2% | 2.7% | -4.1% | -0.5% | ||
year-over-year % change | 43.1% | -24.4% | -7.6% | -6.4% | -16.4% | -6.8% | -27.8% | -33.3% | -29.6% | -27.0% | -26.8% |
Governmental Offices | 2.085 | 1.257 | 0.982 | 1.283 | 1.375 | 1.441 | 1.004 | 1.034 | 0.973 | 8.455 | 9.466 |
month-over-month % change | 166.5% | -39.7% | -21.9% | 35.3% | 7.1% | 4.9% | 11.4% | 3.0% | -6.0% | ||
year-over-year % change | 145.3% | 40.9% | -43.0% | 56.5% | 55.9% | 24.8% | 10.6% | 17.0% | 2.4% | -3.9% | 12.0% |
Laboratories | 0.370 | 0.253 | 0.153 | 0.228 | 0.269 | 0.258 | 0.200 | 0.211 | 0.205 | 1.652 | 1.758 |
month-over-month % change | 101.5% | -31.6% | -39.4% | 34.7% | 18.0% | -3.8% | 10.4% | 5.4% | -3.1% | ||
year-over-year % change | 156.9% | 107.3% | -34.1% | 53.9% | 64.2% | 55.7% | -7.8% | 8.7% | 9.6% | -9.6% | 6.4% |
Warehouse | 1.626 | 1.893 | 2.126 | 1.893 | 1.845 | 1.881 | 2.060 | 2.021 | 2.059 | 19.808 | 18.298 |
month-over-month % change | -19.4% | 16.4% | 12.3% | -21.5% | -2.6% | 2.0% | -0.8% | -1.9% | 1.9% | ||
year-over-year % change | -10.7% | -19.6% | 26.8% | -17.9% | -20.5% | -3.5% | -4.1% | -4.9% | -3.0% | 17.1% | -7.6% |
Misc Commercial | 0.304 | 0.698 | 0.517 | 1.103 | 1.205 | 0.506 | 0.634 | 0.632 | 0.623 | 5.971 | 6.569 |
month-over-month % change | -88.4% | 129.9% | -26.0% | -8.2% | 9.3% | -58.0% | -7.9% | -0.3% | -1.4% | ||
year-over-year % change | -68.1% | -3.4% | -17.1% | 66.0% | 63.0% | -33.9% | -38.1% | -36.9% | -21.4% | -65.0% | 10.0% |
TOTAL COMMERCIAL | 9.139 | 9.530 | 7.028 | 8.608 | 9.427 | 8.566 | 8.069 | 8.025 | 7.944 | 78.708 | 71.509 |
month-over-month % change | -4.9% | 4.3% | -26.3% | 0.9% | 9.5% | -9.1% | 1.9% | -0.5% | -1.0% | ||
year-over-year % change | 23.9% | -5.3% | -12.2% | 15.7% | 9.5% | 1.0% | -20.3% | -19.9% | -17.2% | -27.3% | -9.1% |
TOTAL INDUSTRIAL (Manufacturing) | 2.137 | 0.996 | 10.587 | 1.766 | 1.429 | 4.573 | 1.891 | 1.683 | 2.385 | 16.801 | 23.793 |
month-over-month % change | 85.5% | -53.4% | 963.0% | 21.0% | -19.1% | 220.1% | 4.6% | -11.0% | 41.7% | ||
year-over-year % change | 88.6% | -71.5% | 389.5% | 16.5% | -21.1% | 102.0% | -28.8% | -12.1% | 18.2% | -65.3% | 41.6% |
Religious | 0.040 | 0.148 | 0.046 | 0.088 | 0.093 | 0.078 | 0.104 | 0.108 | 0.101 | 1.173 | 0.757 |
month-over-month % change | -55.7% | 269.8% | -69.3% | -14.3% | 5.2% | -16.1% | -3.8% | 3.3% | -6.6% | ||
year-over-year % change | -55.5% | 38.3% | -65.0% | -21.6% | -13.5% | -28.5% | -25.0% | -20.1% | -24.7% | -19.7% | -35.5% |
Hosptials/Clinics | 0.915 | 0.773 | 1.780 | 0.886 | 0.958 | 1.156 | 1.287 | 1.251 | 1.320 | 9.657 | 12.157 |
month-over-month % change | -22.9% | -15.5% | 130.4% | -4.5% | 8.1% | 20.7% | -1.4% | -2.8% | 5.6% | ||
year-over-year % change | -19.8% | -36.2% | 88.9% | -20.2% | -15.3% | 5.3% | -17.0% | -14.2% | -5.8% | -33.9% | 25.9% |
Nursing/Assisted Living | 0.343 | 0.531 | 0.312 | 0.573 | 0.568 | 0.395 | 0.572 | 0.551 | 0.515 | 5.675 | 4.364 |
month-over-month % change | -58.8% | 55.0% | -41.3% | -8.0% | -0.9% | -30.5% | -0.8% | -3.8% | -6.5% | ||
year-over-year % change | -13.2% | -32.9% | -57.9% | 15.7% | -5.6% | -38.5% | -10.6% | -18.2% | -20.5% | -24.4% | -23.1% |
Libraries/Museums | 0.352 | 0.157 | 0.211 | 0.294 | 0.237 | 0.240 | 0.210 | 0.204 | 0.213 | 3.195 | 1.947 |
month-over-month % change | 74.6% | -55.3% | 34.5% | 39.0% | -19.5% | 1.4% | 5.1% | -3.2% | 4.6% | ||
year-over-year % change | 53.3% | -33.7% | 116.2% | -1.4% | -10.3% | 27.6% | -44.8% | -48.0% | -40.4% | 7.4% | -39.1% |
Police/Courthouse/Prison | 0.618 | 0.607 | 0.578 | 0.675 | 0.705 | 0.601 | 0.710 | 0.677 | 0.671 | 5.683 | 5.654 |
month-over-month % change | -30.5% | -1.8% | -4.7% | 0.9% | 4.4% | -14.7% | 0.2% | -4.6% | -0.8% | ||
year-over-year % change | 2.8% | -39.4% | -10.5% | 33.4% | 0.0% | -19.8% | 13.5% | 2.9% | 6.9% | 11.8% | -0.5% |
Military | 0.567 | 0.628 | 0.977 | 0.846 | 0.812 | 0.724 | 0.744 | 0.744 | 0.746 | 6.765 | 6.507 |
month-over-month % change | -54.4% | 10.8% | 55.6% | 14.4% | -3.9% | -10.9% | -0.3% | 0.0% | 0.3% | ||
year-over-year % change | -4.4% | -0.5% | 2.3% | 45.5% | 29.7% | -0.3% | 9.9% | 5.9% | 3.5% | 113.3% | -3.8% |
Schools/Colleges | 5.177 | 5.826 | 3.546 | 6.479 | 6.240 | 4.850 | 5.019 | 5.021 | 4.973 | 55.583 | 47.754 |
month-over-month % change | -32.9% | 12.5% | -39.1% | -4.3% | -3.7% | -22.3% | -1.8% | 0.0% | -1.0% | ||
year-over-year % change | -17.8% | 0.5% | -13.9% | -16.3% | -13.8% | -10.3% | -14.6% | -14.5% | -14.8% | -9.5% | -14.1% |
Misc Government | 0.452 | 0.533 | 0.858 | 0.564 | 0.580 | 0.614 | 0.589 | 0.585 | 0.611 | 6.075 | 5.197 |
month-over-month % change | -40.2% | 18.0% | 61.0% | -12.6% | 2.9% | 5.9% | -4.8% | -0.8% | 4.6% | ||
year-over-year % change | -44.3% | -9.1% | 59.8% | -20.4% | -6.7% | -4.8% | -18.5% | -16.8% | -11.3% | -15.0% | -14.5% |
TOTAL INSTITUTIONAL | 8.462 | 9.203 | 8.308 | 10.405 | 10.192 | 8.658 | 9.236 | 9.139 | 9.151 | 93.806 | 84.337 |
month-over-month % change | -34.5% | 8.8% | -9.7% | -2.6% | -2.0% | -15.1% | -1.5% | -1.0% | 0.1% | ||
year-over-year % change | -16.7% | -11.2% | 1.7% | -9.9% | -9.8% | -9.5% | -13.0% | -13.7% | -12.2% | -9.2% | -10.1% |
Misc Non Residential | 0.541 | 0.395 | 0.431 | 0.550 | 0.463 | 0.456 | 0.513 | 0.505 | 0.501 | 4.229 | 4.452 |
month-over-month % change | 19.4% | -27.0% | 9.0% | 2.9% | -15.7% | -1.6% | 2.6% | -1.6% | -0.7% | ||
year-over-year % change | 40.2% | -20.3% | -8.9% | 22.8% | -2.3% | 0.9% | -10.2% | -10.2% | -9.2% | -19.7% | 5.3% |
TOTAL NONRES BUILDING | 20.280 | 20.124 | 26.353 | 21.328 | 21.511 | 22.252 | 19.710 | 19.352 | 19.980 | 193.544 | 184.091 |
month-over-month % change | -16.0% | -0.8% | 31.0% | 0.6% | 0.9% | 3.4% | 0.5% | -1.8% | 3.2% | ||
year-over-year % change | 6.4% | -17.6% | 40.1% | 1.8% | -3.0% | 7.2% | -17.8% | -16.2% | -11.5% | -27.1% | -4.9% |
Airports | 0.563 | 0.639 | 0.554 | 0.737 | 0.697 | 0.585 | 0.486 | 0.479 | 0.468 | 4.771 | 4.353 |
month-over-month % change | -36.6% | 13.4% | -13.3% | 6.7% | -5.4% | -16.0% | -2.0% | -1.4% | -2.4% | ||
year-over-year % change | -17.6% | -11.5% | -20.3% | 4.4% | -9.0% | -16.4% | -8.5% | -10.4% | -13.9% | -15.5% | -8.8% |
Roads/Highways | 8.115 | 6.147 | 4.835 | 7.519 | 7.020 | 6.366 | 5.489 | 5.567 | 5.636 | 49.856 | 53.856 |
month-over-month % change | 19.4% | -24.2% | -21.3% | 4.5% | -6.6% | -9.3% | 3.5% | 1.4% | 1.2% | ||
year-over-year % change | 37.1% | 17.9% | 20.7% | 13.8% | 15.5% | 26.2% | 2.4% | 4.3% | 7.1% | -4.1% | 8.0% |
Bridges | 1.493 | 1.463 | 1.162 | 1.566 | 1.500 | 1.373 | 1.539 | 1.566 | 1.583 | 18.008 | 14.237 |
month-over-month % change | -3.4% | -2.0% | -20.6% | -9.6% | -4.2% | -8.5% | -3.4% | 1.8% | 1.1% | ||
year-over-year % change | -30.3% | 28.5% | 20.6% | -33.7% | -27.7% | -3.0% | -30.5% | -26.8% | -20.4% | -26.0% | -20.9% |
Dams/Marine | 0.574 | 0.643 | 0.925 | 0.568 | 0.625 | 0.714 | 0.606 | 0.593 | 0.637 | 5.883 | 5.244 |
month-over-month % change | -12.8% | 12.1% | 43.8% | 0.4% | 10.0% | 14.2% | 0.5% | -2.2% | 7.5% | ||
year-over-year % change | 6.5% | -20.2% | 134.9% | -18.0% | -7.1% | 23.2% | -10.9% | -16.5% | -8.7% | -2.9% | -10.9% |
Water/Sewage | 3.436 | 3.109 | 2.841 | 3.460 | 3.268 | 3.129 | 2.762 | 2.798 | 2.772 | 24.686 | 26.704 |
month-over-month % change | 5.4% | -9.5% | -8.6% | 8.8% | -5.6% | -4.3% | 1.7% | 1.3% | -0.9% | ||
year-over-year % change | 18.8% | 16.2% | -10.0% | 21.1% | 8.7% | 7.6% | 4.4% | 3.8% | 1.3% | 5.3% | 8.2% |
Misc Civil | 4.142 | 1.558 | 1.295 | 2.333 | 2.469 | 2.332 | 1.989 | 1.938 | 1.967 | 18.407 | 19.298 |
month-over-month % change | 142.7% | -62.4% | -16.9% | 32.6% | 5.8% | -5.5% | 7.1% | -2.6% | 1.5% | ||
year-over-year % change | 62.3% | -28.5% | 38.3% | -16.3% | 9.7% | 23.4% | -45.3% | -35.6% | -28.2% | -41.9% | 4.8% |
TOTAL ENGINEERING | 18.322 | 13.560 | 11.612 | 16.184 | 15.579 | 14.498 | 12.872 | 12.941 | 13.063 | 121.610 | 123.691 |
month-over-month % change | 23.3% | -26.0% | -14.4% | 7.0% | -3.7% | -6.9% | 2.4% | 0.5% | 0.9% | ||
year-over-year % change | 24.4% | 6.5% | 14.4% | 1.1% | 4.9% | 15.6% | -14.6% | -10.3% | -6.5% | -15.1% | 1.7% |
GRAND TOTAL | 69.184 | 63.357 | 68.018 | 69.081 | 68.322 | 66.853 | 61.147 | 61.069 | 61.999 | 534.192 | 573.139 |
month-over-month % change | -4.5% | -8.4% | 7.4% | 1.0% | -1.1% | -2.2% | 1.0% | -0.1% | 1.5% | ||
year-over-year % change | 12.3% | -1.5% | 19.6% | 11.2% | 6.5% | 9.7% | -4.0% | -1.7% | 1.2% | -15.1% | 7.3% |
NONRES BLDG + ENGINEERING | 38.602 | 33.684 | 37.965 | 37.512 | 37.091 | 36.751 | 32.582 | 32.293 | 33.043 | 315.154 | 307.781 |
month-over-month % change | -1.0% | -12.7% | 12.7% | 3.2% | -1.1% | -0.9% | 1.2% | -0.9% | 2.3% | ||
year-over-year % change | 14.3% | -9.3% | 31.1% | 1.5% | 0.2% | 10.4% | -16.5% | -13.9% | -9.6% | -22.9% | -2.3% |
Data Source and Table: ConstructConnect.
TABLE 9: U.S. YEAR-TO-DATE REGIONAL STARTS,
NONRESIDENTIAL CONSTRUCTION* — CONSTRUCTCONNECT
JAN-SEP 2020 | JAN-SEP 2021 | % Change | |||
Connecticut | $3,037,463,954 | $2,235,812,575 | -26.4% | ||
Maine | $1,404,561,889 | $2,585,764,499 | 84.1% | ||
Massachusetts | $7,703,936,654 | $9,214,623,103 | 19.6% | ||
New Hampshire | $790,538,617 | $1,066,197,954 | 34.9% | ||
Rhode Island | $636,131,445 | $805,285,996 | 26.6% | ||
Vermont | $468,987,403 | $327,379,490 | -30.2% | ||
Total New England | $14,041,619,962 | $16,235,063,617 | 15.6% | ||
New Jersey | $5,974,760,848 | $4,982,630,936 | -16.6% | ||
New York | $14,596,441,910 | $16,241,235,836 | 11.3% | ||
Pennsylvania | $8,672,125,675 | $10,847,462,628 | 25.1% | ||
Total Middle Atlantic | $29,243,328,433 | $32,071,329,400 | 9.7% | ||
TOTAL NORTHEAST | $43,284,948,395 | $48,306,393,017 | 11.6% | ||
Illinois | $11,948,186,425 | $10,006,747,640 | -16.2% | ||
Indiana | $6,802,678,573 | $5,724,401,430 | -15.9% | ||
Michigan | $6,451,883,946 | $7,129,981,070 | 10.5% | ||
Ohio | $12,385,461,942 | $10,881,621,127 | -12.1% | ||
Wisconsin | $7,718,206,789 | $5,799,856,713 | -24.9% | ||
Total East North Central | $45,306,417,675 | $39,542,607,980 | -12.7% | ||
Iowa | $4,319,095,964 | $4,421,188,643 | 2.4% | ||
Kansas | $3,912,766,547 | $2,359,364,661 | -39.7% | ||
Minnesota | $6,886,581,623 | $8,170,896,538 | 18.6% | ||
Missouri | $7,933,474,279 | $7,131,437,408 | -10.1% | ||
Nebraska | $3,632,560,475 | $3,075,371,606 | -15.3% | ||
North Dakota | $2,050,017,481 | $1,930,980,764 | -5.8% | ||
South Dakota | $1,013,605,828 | $1,525,874,826 | 50.5% | ||
Total West North Central | $29,748,102,197 | $28,615,114,446 | -3.8% | ||
TOTAL MIDWEST | $75,054,519,872 | $68,157,722,426 | -9.2% | ||
Delaware | $1,368,499,277 | $861,333,122 | -37.1% | ||
District of Columbia | $708,564,070 | $725,804,706 | 2.4% | ||
Florida | $17,725,449,479 | $17,885,946,387 | 0.9% | ||
Georgia | $10,306,198,660 | $9,176,715,480 | -11.0% | ||
Maryland | $5,624,898,413 | $4,515,666,915 | -19.7% | ||
North Carolina | $7,926,830,245 | $10,478,313,791 | 32.2% | ||
South Carolina | $4,326,303,068 | $3,936,015,027 | -9.0% | ||
Virginia | $8,409,555,933 | $7,312,994,654 | -13.0% | ||
West Virginia | $2,049,944,391 | $933,355,705 | -54.5% | ||
Total South Atlantic | $58,446,243,536 | $55,826,145,787 | -4.5% | ||
Alabama | $3,855,836,528 | $5,256,131,414 | 36.3% | ||
Kentucky | $2,668,803,953 | $2,834,496,163 | 6.2% | ||
Mississippi | $2,282,281,681 | $1,720,886,712 | -24.6% | ||
Tennessee | $6,012,438,048 | $7,779,264,272 | 29.4% | ||
Total East South Central | $14,819,360,210 | $17,590,778,561 | 18.7% | ||
Arkansas | $3,042,946,740 | $2,299,504,202 | -24.4% | ||
Louisiana | $3,547,967,326 | $5,457,469,004 | 53.8% | ||
Oklahoma | $3,327,751,542 | $3,567,635,351 | 7.2% | ||
Texas | $38,779,576,587 | $36,062,955,735 | -7.0% | ||
Total West South Central | $48,698,242,195 | $47,387,564,292 | -2.7% | ||
TOTAL SOUTH | $121,963,845,941 | $120,804,488,640 | -1.0% | ||
Arizona | $6,627,550,703 | $14,094,761,007 | 112.7% | ||
Colorado | $6,030,841,509 | $5,541,100,954 | -8.1% | ||
Idaho | $1,175,580,892 | $964,968,579 | -17.9% | ||
Montana | $1,316,508,026 | $864,611,823 | -34.3% | ||
Nevada | $3,082,113,761 | $3,163,880,722 | 2.7% | ||
New Mexico | $1,645,569,785 | $1,536,810,979 | -6.6% | ||
Utah | $5,536,630,087 | $3,833,524,790 | -30.8% | ||
Wyoming | $786,457,807 | $836,928,148 | 6.4% | ||
Total Mountain | $26,201,252,570 | $30,836,587,002 | 17.7% | ||
Alaska | $1,173,619,542 | $989,855,272 | -15.7% | ||
California | $30,999,960,284 | $26,222,026,616 | -15.4% | ||
Hawaii | $1,524,904,354 | $1,495,447,610 | -1.9% | ||
Oregon | $3,371,764,260 | $4,317,702,880 | 28.1% | ||
Washington | $11,579,104,448 | $6,651,198,132 | -42.6% | ||
Total Pacific | $48,649,352,888 | $39,676,230,510 | -18.4% | ||
TOTAL WEST | $74,850,605,458 | $70,512,817,512 | -5.8% | ||
TOTAL U.S. | $315,153,919,666 | $307,781,421,595 | -2.3% |
*Figures above are comprised of nonres building and engineering (i.e., residential is omitted).
Data Source and Table: ConstructConnect.
Responses