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What's New On Our Blog

There’s lots to cover, so let’s jump in… Chinese Economic Slowdown China’s latest quarter-over-quarter ‘real’ (i.e., after adjustment for inflation) gross domestic product (GDP) growth rate was its slowest since 1992. 2019’s second quarter advance, annualized, was only +6.2%. That level of increase anywhere else in the w...

Posted: July 16, 2019, 6:28 pm

Hard to Compete With May ConstructConnect announced today that the latest month’s volume of construction starts, excluding residential work, was $44.9 billion (green shaded box, Table 3 below). The month-to-month percentage change versus May was -18.3%. The large drop, however, was mainly due to May having so many mega-s...

Posted: July 15, 2019, 3:49 pm

The accompanying table records the top 10 project starts in the U.S. for June 2019. There are several reasons for highlighting upcoming large projects. Such jobs have often received a fair amount of media coverage. Therefore, people in the industry are on the lookout for when jobsite work actually gets underway. And, as ...

Posted: July 15, 2019, 3:38 pm

Clichés are often true and it is the case that a picture can be worth a thousand words. Below are six graphs recording 12-month moving averages of ConstructConnect’s nonresidential construction starts. When the value of the current month is higher than for the same month a year ago, the line will turn up; when lower, […]...

Posted: July 15, 2019, 3:37 pm