Manufacturing, utility, energy sectors temper 2016 construction start figures
- Published: Tuesday, 31 January 2017 19:40
- Written by Concrete News
Sources: Dodge Data & Analytics, New York; CP staff
Total 2016 construction starts advanced 1 percent to $676.5 billion, a considerably smaller gain than the 11 percent increase reported for 2015, according to Dodge Data & Analytics. If the volatile manufacturing and electric utility/gas plant categories are excluded, last year’s total construction starts would be up 4 percent, depicting a more gradual deceleration relative to the corresponding 9 percent year-over-year increase in 2015.