January Construction Climbs 9 Percent

Useful perspective is made possible by looking at twelve-month moving totals, in this case the twelve months ending January 2015 versus the twelve months ending January 2014, which lessens the volatility present in one-month comparisons.  For the twelve months ending January 2015, total construction starts were up 9%, due to this pattern by sector – nonresidential building, up 18%; residential building, up 8%; and nonbuilding construction, up 1%.  By geography, the twelve months ending January 2015 showed the following behavior for total construction starts – the South Central, up 21%; the South Atlantic, up 11%; the West, up 8%; and the Northeast and Midwest, each up 1%.

 

January 2015 Construction Starts

The Dodge Index of New Construction Starts

Photo:  http://photos.prnewswire.com/prnh/20150220/176795-INFO                

January 2015 Construction Starts

Monthly Summary of Construction Starts

Prepared by Dodge Data & Analytics

 
 
 

Monthly Construction Starts

 

Seasonally Adjusted Annual Rates, In Millions of Dollars

 

January 2015

December 2014

% Change

Nonresidential Building

$159,284

$190,778

-17

Residential Building

230,007

254,077

-9

Nonbuilding Construction

231,752

123,919

+87

   Total Construction

$621,043

$568,774

+9

 

The Dodge Index

                          (Year 2000=100, Seasonally Adjusted)                                

January 2015.........131

 December 2014 .....120

 

Year-to-Date Construction Starts

Unadjusted Totals, In Millions of Dollars

 

1 Mo. 2015

1 Mo. 2014

% Change

Nonresidential Building

$10,997

$12,210

-10

Residential Building

14,561

14,959

-3

Nonbuilding Construction

17,596

9,505

+85

   Total Construction  

$43,154

$36,674

+18

About Dodge Data & Analytics: Dodge Data & Analytics is the leading provider of data, analytics, news and intelligence serving the North American construction industry. The company's information enables building product manufacturers, general contractors and subcontractors, architects and engineers to size markets, prioritize prospects, target and build relationships, strengthen market positions, and optimize sales strategies. The company's brands include Dodge, Dodge MarketShare™, Dodge BuildShare®, Dodge SpecShare®, Sweets, Architectural Record, and Engineering News-Record. To learn more, visit www.construction.com.

Dodge Data & Analytics

 

Logo - http://photos.prnewswire.com/prnh/20141106/157045LOGO

 

To view the original version on PR Newswire, visit: http://www.prnewswire.com/news-releases/january-construction-climbs-9-percent-300039105.html

SOURCE Dodge Data & Analytics

Contact:
Dodge Data & Analytics
Media Contact: Susan Peterson, Marketing | Communications, Dodge Data & Analytics
Phone: +1-212-904-3669
Email Contact
Web: http://www.construction.com

 



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