The value of construction starts rose 3.1 percent year-over-year (y/y) in December and 8.2 percent for the full year compared to 2024, according to a report from ConstructConnect.
Tag: construction starts
Total construction starts plunged 20.5 percent from October to November at a seasonally adjusted annual rate, Dodge Construction Network reported on December 22, erasing a similar percentage gain initially reported for October.
Construction starts rose 13 percent year-over-year in May on the back of huge gains in the manufacturing sector. However, abandonments have also jumped 67 percent in the past year.
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