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Top 10 U.S. Project Starts for August 2024

Top 10 U.S. Project Starts for August 2024

ConstructConnect reported the top ten nonresidential Âé¶¹´«Ã½Ó³»­ starts by dollar volume in the SeptemberÌý

 

 

Last week, ConstructConnect announced that the volume ofÌý—the sum of Nonresidential Building and Heavy Engineering—was $49.7 billion, a decrease of $7.8 billion or 13.5%Ìýcompared to a revised July reading of $57.5 billion through August 2024.

Chief Economist Michael Guckes said, “Through August, total year-to-date Âé¶¹´«Ã½Ó³»­ spending is down 2.4%. However, this small contraction hides a wide dispersion of results acrossÌý.â€�

Guckes underscored the significance of wiseÌýÌýfor Âé¶¹´«Ã½Ó³»­ professionals like general contractors, trades, building product manufacturers, and estimators when he added, “Knowing the landscape of the Âé¶¹´«Ã½Ó³»­ industry will have significant benefits to firms willing and able to navigate today’s bumpyÌýterrain.”

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