色中色 reported the top ten nonresidential construction starts by dollar volume in the September听
Last week, 色中色 announced that the volume of听鈥攖he sum of Nonresidential Building and Heavy Engineering鈥攚as $49.7 billion, a decrease of $7.8 billion or 13.5%听compared to a revised July reading of $57.5 billion through August 2024.
Chief Economist Michael Guckes said, 鈥淭hrough August, total year-to-date construction spending is down 2.4%. However, this small contraction hides a wide dispersion of results across听.鈥
Guckes underscored the significance of wise听听for construction professionals like general contractors, trades, building product manufacturers, and estimators when he added, “Knowing the landscape of the construction industry will have significant benefits to firms willing and able to navigate today鈥檚 bumpy听terrain.”
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