ConstructConnect reported the top ten nonresidential construction starts by dollar volume in the September Construction Economy Snapshot.
Last week, ConstructConnect announced that the volume of Total Nonresidential construction starts—the sum of Nonresidential Building and Heavy Engineering—was $49.7 billion, a decrease of $7.8 billion or 13.5% compared to a revised July reading of $57.5 billion through August 2024.
Chief Economist Michael Guckes said, “Through August, total year-to-date construction spending is down 2.4%. However, this small contraction hides a wide dispersion of results across verticals and geographies.”
Guckes underscored the significance of wise project selection 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’s bumpy terrain."
Read the Construction Economy Snapshot for more details, including trend graphs, analysis, and commentary from Chief Economist Michael Guckes.
At ConstructConnect, our software solutions provide the information that construction professionals need to start every project on a solid foundation. For more than 100 years, our keen insights and market intelligence have empowered commercial firms, building product manufacturers, trade contractors, and architects to make data-driven decisions, streamline preconstruction workflows, and maximize their productivity. Our newest offerings—including our comprehensive, AI-assisted software—help our clients find, bid on, and win more projects.
ConstructConnect operates as a business unit of Roper Technologies (Nasdaq: ROP), a constituent of the Nasdaq 100, S&P 500, and Fortune 1000.
For more information, visit constructconnect.com.