US EditionConstruction Starts Decrease 2% in December
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Construction Starts Decrease 2% in December
Nonbuilding Starts Led This Month’s Decline BOSTON, MA — January 21, 2024 — Total construction starts decreased 2% in December to a seasonally adjusted annual rate of $1.2 trillion, according to Dodge Construction Network. Nonresidential building starts grew 2%, nonbuilding starts moved 14% lower, while residential building starts grew 4%. On a year-to-date basis through December, total construction starts were up 6% from 2023. Nonresidential st…
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