Construction Projects

November Nonresidential Construction Starts Recorded Some Welcome Upticks

Some Significant Month-to-Month Starts Gains

ConstructConnect announced today that the latest month’s volume of construction starts, excluding residential work, was $28.9 billion, a gain of +4.3% versus October’s $27.8 billion (originally reported as $25.9 billion).

Usually, there’s a slight decline in the volume of starts from October to November due to seasonality, i.e., the weather turning colder. (As a ‘heads up,’ seasonality becomes even more pronounced in December through February.)


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Click here to download the complete Construction Industry Snapshot Package – November 2020 PDF.

As for the volume of total nonresidential starts in November of this year versus the same month last year, it was -28.7%. A similar decline has also been seen on a year-to-date basis, -26.6% compared with all but the last month of 2019.

Nevertheless, it’s encouraging that the two major subcategories of nonresidential work—i.e., nonresidential building activity and heavy engineering/civil undertakings—both recorded month-to-month gains in November, +3.8% and +4.9% respectively. Finally, justifications for some optimism concerning the economic and construction outlooks are emerging.

More Optimism Creeps Into Outlook

There are three primary reasons to believe a corner may have been turned, warranting a brightening of the mood concerning 2021’s prospects relative to a dismal 2020.

(1) The number one positive leading indicator for improving economic spirits will be when the number of coronavirus infections in the country begins to recede once again. Thankfully, effective vaccines are riding to the rescue. They’re being rolled out just as 2020 ends and will provide blanket protection by Spring-Summer of next year. The economy can’t stretch into a canter when it is continually under threat of closures due to COVID-19 outbreaks.

(2) Tremendous pent-up demand has been accumulating in several corners of the economy. A great many activities in health care have been put on hold while pandemic patients have received priority treatment. A catch-up phase for elective surgeries and myriad other medical procedures is drawing nearer.

Most people can’t wait to mix and mingle again; to attend theater and concert events; to dine out with family and friends; to cruise a shopping mall with a carefree step; and to take a trip somewhere (almost anywhere, if it gets them out of the house.) Moreover, over the past nine months, they’ve put aside the money to do so. The national savings rate has doubled while so many individuals have experienced drastic diminishments of their social lives. That money is just waiting to be unleashed.

(3) Some commodities are seeing price advances. Since commodities in metals and energy form the basis of all building products, there will be a tendency to lift construction costs. At the same time, though, commodity price advances are an incentive for owners of prime-source resource projects to initiate new capital spending.

The price of oil moving up to $45 USD per barrel will be good for many parts of America. (Texas, Oklahoma, North Dakota, Colorado, to name some states).

Graph 1: Daily Spot Price of West Texas Intermediate (WTI) Oil, Cushing, Oklahoma

Daily Spot Price of West Texas Intermediate (WTI) Oil, Cushing, Oklahoma Chart

Data sources: U.S. Energy Administration / Federal Reserve Bank of St. Louis (FRED).
Chart: ConstructConnect.

Building Material Sales Exceptional

In November, total employment in the U.S. construction sector rose by +27,000 jobs. The jobs ‘claw-back’ ratio for construction now sits at 71.4%, better than the 52.1% (or only a bit more than half) for all jobs in the economy. (The ‘claw-back’ ratio is jobs ‘re-creation’ over the last eight months as a percentage of the big jobs-count drop from February to April.)

On a year-over-year basis, U.S. construction employment is presently -2.4%, considerably better than the -6.1% figure for all jobs in the economy. The sector’s not seasonally adjusted (NSA) unemployment rate is 7.3%. In November of last year, it had been 4.4%. The current national all-positions NSA unemployment rate is 6.4%.

A closely aligned adjunct to on-site construction work is retail sales managed by building material suppliers. To the delightful surprise of firms in that sector, at no time this year, not even during the darkest days in the Spring, did they experience year-over-year declines in sales. They have received support from ‘stay-at-home’ DIY projects, restaurant patio additions, single-family homebuilding strength, and a spike in lumber prices that may or may not stick around.

Graph 2: Sales by U.S. Building Material & Supplies Dealers

Sales by U.S. Building Material & Supplies Dealers Chart

Data source: Census Bureau
Chart: ConstructConnect.

‘Mega’ Logistics and Warehouse Projects

The +4.3% month-over-month (m/m) performance of total nonresidential starts in November was thanks to noteworthy buoyancy in commercial work (+35.4%), with help also coming from institutional (+5.1%) and engineering (+4.9%). Only industrial (-86.6%) was ‘frowning.’

The -28.7% for total nonresidential starts in November of this year compared with November of last year (y/y) resulted from declines across the board: industrial, -89.5%; commercial, -43.9%; institutional, -14.4%; and engineering, -5.3%.

Widespread pullbacks have also been evident among the major subcategories in year-to-date (ytd) starts. The total nonresidential ytd volume drop of -26.6% has been a joint effort (or more accurately, lack thereof) of industrial (-68.3%), commercial (-33.5%), engineering (-17.1%) and institutional (-14.1%).

One of the few type-of-structure categories to pull off a year-to-date increase in volume of starts this year has been ‘warehouses’ (+6.6%) and that leads into an interesting discussion about alternatively defined ‘mega’ projects.

A project is ‘mega’-sized when it’s valued at a billion dollars or more. According to that yardstick, the year 2019 had a catalogue of mega projects like no other, and it certainly hasn’t been matched in 2020. But if a ‘mega’ is re-defined to be a project of a million square feet or more, then 2020—thanks to a wealth of warehouse and logistics fulfillment and distribution centers—has good reason to stick out its chest with pride.

Through November 2019, there were 23 project starts of a million square feet or more, adding to 56 million square feet. Through November of 2020, there have been 24 such projects (including the latest one among the Top 10 on page 6 of this report), summing to 50 million square feet.

FAAMG high-tech companies, with formidable reserves of cash, have been responsible for much of this work proceeding (e.g., warehouses and data centers), although there have been some other big players in this field of light industrial and commercial construction besides Facebook, Amazon, Apple, Microsoft, and Alphabet/Google.

Revealing Results for 10 Substructure Types

Table 1 shows year-to-date starts for ten structure types buried within the line items of Table 5 below.

With travel and live entertainment greatly curtailed, it’s no shock that transportation terminal (-77.5% ytd) and sports stadium (-55.7%) start-ups have been on the outs this year. (Although it bears noting that there are several soccer stadiums in various stages of development across the country.) ‘Public defense’ construction, though, has been relatively upbeat: courthouses, +37.9%; prisons, +23.1%; and police stations and fire stations about even, at +1.5%. 

K-12 school starts and college/university starts are down ytd to about the same degree, a little more than -12% each. Finally, electric power project groundbreakings are -75.6% ytd.

Table 1: Construction Starts in Some Additional Type of Structure Sub-Categories

  Jan-Nov 2020 % Change vs
  ($ billions) Jan-Nov 2019
     
Sports Stadiums/Convention Centers $4.259 -55.7%
Transportation Teminals $2.270 -77.5%
Courthouses $2.114 37.9%
Police Stations & Fire Halls $3.071 1.5%
Prisons $2.307 23.1%
Pre-School/Elementary $18.673 -7.1%
Junior & Senior High Schools $25.721 -15.9%
     K-12  (sum of above two categories) $44.394 -12.4%
Special & Vocational Schools $3.677 1.9%
Colleges & Universities $31.448 -12.8%
Electric Power Infrastructure $3.317 -75.6%

Data Source and Table: ConstructConnect.

States With Starts Increases Are a Rare Breed

Table 2 sets out the Top 20 states by year-to-date dollar volumes of nonresidential building (NRB) starts; Table 3, the Top 20 for heavy engineering/civil starts.

Among the Top 20 states for NRB dollar volume starts, only two have managed increases to date in 2020: Missouri (+18.3%; Geospatial Intelligence Agency headquarters) and Maryland (+7.8%). Remember that total U.S. NRB starts are -31.7% ytd.

Since the shrinkage in countrywide engineering starts (-17.1%) has not been as severe as for NRB starts, there are more states (six versus two) among the Top 20 that have achieved increases ytd: Utah (+32.5%); Louisiana (+30.1%); Indiana (+21.7%); California (+20.2%; people mover at LAX); Washington (+16.9%); and Georgia (+9.6%). New Jersey (+0.3%) has held steady.  

Table 2: Ranking of Top 20 States by YTD $ Volume of Nonresidential Building Construction Starts – ConstructConnect

    Jan-Nov 2020 % Change vs Jan-Nov 2019
       
1 Texas $27,436,863,527 -54.3%
2 California $18,946,329,536 -22.0%
3 New York $13,847,065,000 -26.5%
4 Florida $13,813,936,860 -21.2%
5 Ohio $7,948,182,423 -14.5%
6 North Carolina $7,315,742,882 -25.7%
7 Illinois $6,883,738,217 -16.2%
8 Georgia $6,659,048,255 -53.6%
9 Virginia $6,588,222,553 -7.2%
10 Missouri $6,507,303,886 18.3%
11 Pennsylvania $5,987,428,518 -32.1%
12 Tennessee $5,666,004,168 -3.9%
13 Massachusetts $5,467,647,228 -38.0%
14 Washington $5,376,725,245 -56.5%
15 Arizona $5,187,326,639 -7.4%
16 Maryland $5,171,541,390 7.8%
17 Wisconsin $5,023,478,998 -26.9%
18 Indiana $4,340,444,794 -20.3%
19 Colorado $4,165,188,909 -33.2%
20 Michigan $3,891,187,003 -37.6%

Data Source and Table: ConstructConnect.

Table 3: Ranking of Top 20 States by YTD $ Volume of Heavy/Engineering Civil Construction Starts – ConstructConnect

    Jan-Nov 2020 % Change vs Jan-Nov 2019
       
1 Texas $17,958,017,091 -8.0%
2 California $16,130,372,482 20.2%
3 Florida $7,198,774,177 -47.2%
4 Washington $6,766,721,677 16.9%
5 Illinois $6,546,135,195 -18.5%
6 New York $4,903,486,260 -31.0%
7 Ohio $4,538,502,885 -7.0%
8 Pennsylvania $4,240,084,839 -28.4%
9 Minnesota $4,041,751,014 -34.3%
10 Georgia $3,923,153,509 9.6%
11 Virginia $3,658,572,982 -48.2%
12 New Jersey $3,333,122,586 0.3%
13 Michigan $3,195,431,873 -49.9%
14 Indiana $3,133,889,614 21.7%
15 Wisconsin $3,122,948,284 -8.0%
16 Massachusetts $2,798,149,290 -2.4%
17 Louisiana $2,715,260,901 30.1%
18 Iowa $2,512,926,492 -17.8%
19 North Carolina $2,242,195,781 -63.2%
20 Utah $2,232,390,237 32.5%

Data Source and Table: ConstructConnect.

Table 4: Monitoring the U.S. employment recovery ‒ November 2020

Monitoring the U.S. employment recovery ‒ November 2020 Chart

Data source: Bureau of Labor Statistics (BLS).
Chart: ConstructConnect.

Among Sliding Trend Graphs, Roads & Waterworks the Holdouts

Highway work in Dallas, Texas, (see Top 10 Project Starts in the U.S. – November 2020) has put a halt to the slide in the ‘heavy engineering’ and ‘roads/highway’ curves among the twelve-month moving average trend graphs (see Nonresidential Construction Starts Trend Graphs – November 2020). Also, the ‘water/sewer’ curve has been staying level. All the other slopes are descending unambiguously.

Construction Workers Draw the Short Straw in Wage Gains

Tables B-3 and B-8 of the monthly Employment Situation report record average hourly and average weekly wages for industry sectors. B-3 is for all employees (i.e., including bosses) on nonfarm payrolls. B-8 is for ‘production and nonsupervisory personnel’ only (i.e., it excludes bosses). For ‘all jobs’ and construction, there are eight relevant percentage changes to consider.

From Table B-3 (including supervisory personnel), ‘all-jobs’ earnings y/y in November were frothy at +4.4% hourly and +5.9% weekly. The comparable gains for construction workers, though, were restrained at +2.7% hourly and +2.2% weekly. From Table B-8 (excluding bosses), November’s ‘all jobs’ pay bounces were +4.5% hourly and +6.6% weekly. Again, construction employees drew the short straw, receiving just +2.9% hourly and +1.8% weekly,

Graph 3: U.S. Construction Unemployment Rate (Not Seasonally Adjusted – NSA)

U.S. Construction Unemployment Rate (Not Seasonally Adjusted - NSA) Chart

Current through November, 2020. SA is seasonally adjusted / NSA is not seasonally adjusted.

Data source: Bureau of Labor Statistics (BLS).
Chart: ConstructConnect.

Material Costs & Bid Prices Sailing in Opposite Directions

October 2020’s y/y results for three BLS Producer Price Index (PPI) series were as follows: ‘construction materials special index,’ +5.4% (up from September’s +5.0%); ‘inputs to new construction index, excluding capital investment, labor, and imports,’ +5.5% (higher than September’s +3.7%); and ‘final demand construction,’ +1.2% (an easing from the previous month’s +1.6%). Material costs may be climbing, but aggressive bidding to secure work from a shallower pool of structures out to tender is lowering margins.

The value of construction starts each month is derived from ConstructConnect’s database of all active construction projects in the U.S. Missing project values are estimated with the help of RSMeans’ building cost models. ConstructConnect’s nonresidential construction starts series, because it is comprised of total-value estimates for individual projects, some of which are super-large, has a history of being more volatile than many other leading indicators for the economy. 

‘Grand Total’ Starts -18.0% Ytd

From Table 7 below, ConstructConnect’s total residential starts in November 2020 were -18.3% m/m, -4.8% y/y, and -2.5% ytd. The latest month’s multi-unit starts were -23.1% m/m, -53.9% y/y, and -26.9% ytd. Single-family starts were -17.1% m/m, +25.2% y/y, and +9.5% ytd. Clearly, the single-family home building market has stepped to the forefront among recovering type-of-structure construction categories. ‘Grand Total’ construction starts in the second-last month of this year were -7.2% m/m, -19.7% y/y, and -18.0% ytd.

ConstructConnect adopts a research-assigned ‘start’ date. In concept, a ‘start’ is equivalent to ground being broken for a project to proceed. If work is abandoned or re-bid, the ‘start’ date is revised to reflect the new information.

Click here to download the Construction Industry Snapshot Package – November 2020 PDF.

Click here for the Top 10 Project Starts in the U.S. – November 2020.

Click here for the Nonresidential Construction Starts Trend Graphs – November 2020.

TABLE 5: VALUE OF UNITED STATES NONRESIDENTIAL CONSTRUCTION STARTS
NOVEMBER 2020 – CONSTRUCTCONNECT

    % Change   % Change   % Change
  Jan-NOV 20 Jan-NOV 20 vs    NOV 20 vs   NOV 20 vs
  ($ billions) Jan-NOV 19   NOV 19   OCT 20
             
Hotel/Motel 9.718 -54.8%   -72.4%   41.4%
Retail 11.104 -28.7%   -37.6%   -18.6%
Parking Garage 1.689 -44.4%   -63.7%   -7.1%
Amusement 5.722 -17.7%   -22.3%   -52.8%
Private Office  21.404 -38.2%   -36.4%   186.0%
Government Office 10.146 -7.7%   -30.5%   4.5%
Laboratory 1.662 -21.2%   -39.9%   23.9%
Warehouse 21.785 6.6%   -12.3%   8.4%
Miscellaneous Commercial* 6.529 -66.9%   -75.9%   68.8%
COMMERCIAL (big subset) 89.758 -33.5%   -43.9%   35.4%
             
INDUSTRIAL (Manufacturing) 17.198 -68.3%   -89.5%   -86.6%
             
Religious 1.348 -24.1%   -63.3%   -35.1%
Hospital/Clinic 11.282 -42.4%   -48.8%   6.9%
Nursing/Assisted Living 6.305 -31.0%   -31.8%   -27.8%
Library/Museum 3.497 -9.5%   -67.1%   -29.8%
Police/Courthouse/Prison 7.492 16.5%   78.5%   69.8%
Military 8.779 82.2%   69.9%   11.9%
School/College 61.956 -12.2%   -13.5%   0.0%
Miscellaneous Medical 6.461 -24.2%   14.7%   10.9%
INSTITUTIONAL 107.121 -14.1%   -14.4%   5.1%
             
Miscellaneous Nonresidential 5.035 -30.3%   -49.2%   -4.8%
NONRESIDENTIAL BUILDING 219.113 -31.7%   -38.4%   3.8%
             
Airport 5.960 -14.3%   94.0%   49.2%
Road/Highway 60.112 -1.3%   32.9%   6.1%
Bridge 20.062 -29.7%   -38.3%   8.8%
Dam/Marine 7.733 -5.1%   -21.5%   -22.8%
Water/Sewage 28.827 1.3%   -25.1%   -18.3%
Miscellaneous Civil (power, pipelines, etc.) 20.129 -48.9%   -31.7%   69.8%
HEAVY ENGINEERING (Civil) 142.823 -17.1%   -5.3%   4.9%
             
TOTAL NONRESIDENTIAL 361.936 -26.6%   -28.7%   4.3%

*Includes transportation terminals and sports arenas.

Source: ConstructConnect Research Group and ConstructConnect.
Table: ConstructConnect.

TABLE 6: VALUE OF UNITED STATES CONSTRUCTION STARTS
CONSTRUCTCONNECT INSIGHT VERSION – NOVEMBER 2020
Arranged to match the alphabetical category drop-down menus in INSIGHT

        % Change     % Change % Change
      Jan-Nov 20 Jan-Nov 20 vs     Nov 20 vs Nov 20 vs
      ($ billions) Jan-Nov 19     Nov 19 Oct 20
                 
Summary              
CIVIL     142.823 -17.1%     -5.3% 4.9%
NONRESIDENTIAL BUILDING 219.113 -31.7%     -38.4% 3.8%
RESIDENTIAL   266.632 -2.5%     -4.8% -18.3%
GRAND TOTAL   628.568 -18.0%     -19.7% -7.2%
                 
Verticals              
    Airport 5.960 -14.3%     94.0% 49.2%
    All Other Civil 16.812 -34.8%     0.6% 36.8%
    Bridges 20.062 -29.7%     -38.3% 8.8%
    Dams / Canals / Marine Work 7.733 -5.1%     -21.5% -22.8%
    Power Infrastructure 3.317 -75.6%     -62.7% 351.3%
    Roads 60.112 -1.3%     32.9% 6.1%
    Water and Sewage Treatment 28.827 1.3%     -25.1% -18.3%
CIVIL     142.823 -17.1%     -5.3% 4.9%
    Offices (private) 21.404 -38.2%     -36.4% 186.0%
    Parking Garages 1.689 -44.4%     -63.7% -7.1%
    Transportation Terminals 2.270 -77.5%     -89.7% -50.0%
  Commercial (small subset) 25.363 -46.9%     -43.9% 146.5%
    Amusement 5.722 -17.7%     -22.3% -52.8%
    Libraries / Museums 3.497 -9.5%     -67.1% -29.8%
    Religious 1.348 -24.1%     -63.3% -35.1%
    Sports Arenas / Convention Centers 4.259 -55.7%     -64.0% 309.4%
  Community 14.826 -33.2%     -54.5% -22.1%
    College / University 15.724 -12.8%     7.7% 35.3%
    Elementary / Pre School 18.673 -7.1%     -10.0% -3.2%
    Jr / Sr High School 25.721 -15.9%     -31.2% -20.0%
    Special / Vocational 1.838 1.9%     0.9% -24.4%
  Educational 61.956 -12.2%     -13.5% 0.0%
    Courthouses 2.114 37.9%     319.9% 1307.4%
    Fire and Police Stations 3.071 1.5%     -1.8% -12.4%
    Government Offices 10.146 -7.7%     -30.5% 4.5%
    Prisons 2.307 23.1%     -19.5% -54.7%
  Government 17.638 1.2%     7.8% 34.6%
    Industrial Labs / Labs / School Labs 1.662 -21.2%     -39.9% 23.9%
    Manufacturing 17.198 -68.3%     -89.5% -86.6%
    Warehouses 21.785 6.6%     -12.3% 8.4%
  Industrial 40.645 -47.0%     -56.6% -44.6%
    Hospitals / Clinics 11.282 -42.4%     -48.8% 6.9%
    Medical Misc. 6.461 -24.2%     14.7% 10.9%
    Nursing Homes 6.305 -31.0%     -31.8% -27.8%
  Medical   24.048 -35.5%     -37.9% -2.2%
  Military   8.779 82.2%     69.9% 11.9%
    Hotels 9.718 -54.8%     -72.4% 41.4%
    Retail Misc. 5.035 -30.3%     -49.2% -4.8%
    Shopping 11.104 -28.7%     -37.6% -18.6%
  Retail   25.857 -41.6%     -59.5% 1.4%
NONRESIDENTIAL BUILDING 219.113 -31.7%     -38.4% 3.8%
    Multi-Family 66.039 -26.9%     -53.9% -23.1%
    Single-Family 200.593 9.5%     25.2% -17.1%
RESIDENTIAL   266.632 -2.5%     -4.8% -18.3%
NONRESIDENTIAL 361.936 -26.6%     -28.7% 4.3%
GRAND TOTAL   628.568 -18.0%     -19.7% -7.2%

Table 5 conforms to the type-of-structure ordering adopted by many firms and organizations in the industry. Specifically, it breaks nonresidential building into ICI work (i.e., industrial, commercial, and institutional), since each has its own set of economic and demographic drivers. Table 6 presents an alternative, perhaps more user-friendly and intuitive type-of-structure ordering that matches how the data appears in ConstructConnect Insight.

Source: ConstructConnect.
Table: ConstructConnect.

TABLE 7: VALUE OF UNITED STATES NATIONAL CONSTRUCTION STARTS – NOVEMBER 2020 – CONSTRUCTCONNECT
Billions of current $s, not seasonally adjusted (NSA)

  Latest month actuals  Moving averages (placed in end month) Year to Date. 
        3-months 12-months JAN-nov JAN-nov
  sep 20 oct 20 nov 20 sep 20 oct 20 nov 20 sep 20 oct 20 nov 20 2019 2020
                       
Single Family 21.669 23.071 19.125 20.930 21.764 21.288 17.203 17.692 18.014 183.212 200.593
   month-over-month % change 5.4% 6.5% -17.1% 4.7% 4.0% -2.2% 2.2% 2.8% 1.8%    
   year-over-year % change 25.1% 34.2% 25.2% 17.6% 24.9% 28.3% 6.4% 9.5% 10.5% -3.6% 9.5%
Apartment 5.035 5.601 4.307 5.721 5.485 4.981 7.117 6.645 6.225 90.375 66.039
   month-over-month % change -13.5% 11.2% -23.1% -10.4% -4.1% -9.2% -5.1% -6.6% -6.3%    
   year-over-year % change -47.9% -50.3% -53.9% -33.3% -46.0% -50.6% -9.7% -17.6% -24.2% 5.0% -26.9%
TOTAL RESIDENTIAL 26.703 28.671 23.433 26.651 27.249 26.269 24.319 24.337 24.239 273.587 266.632
   month-over-month % change 1.3% 7.4% -18.3% 1.0% 2.2% -3.6% -0.1% 0.1% -0.4%    
   year-over-year % change -1.0% 0.7% -4.8% 1.0% -1.2% -1.5% 1.2% 0.5% -1.1% -0.9% -2.5%
Hotel/Motel 0.442 0.552 0.781 0.619 0.542 0.592 1.292 1.152 0.981 21.489 9.718
   month-over-month % change -30.0% 24.9% 41.4% -1.7% -12.5% 9.2% -8.1% -10.8% -14.9%    
   year-over-year % change -75.5% -75.3% -72.4% -61.1% -70.3% -74.2% -30.4% -38.0% -49.4% -12.3% -54.8%
Retail 0.984 0.961 0.783 1.022 1.017 0.909 1.038 1.043 1.003 15.574 11.104
   month-over-month % change -11.0% -2.3% -18.6% -1.4% -0.5% -10.6% -3.1% 0.5% -3.8%    
   year-over-year % change -28.5% 6.7% -37.6% -22.1% -16.1% -22.8% -26.6% -25.0% -27.8% -9.5% -28.7%
Parking Garages 0.139 0.109 0.101 0.143 0.144 0.117 0.179 0.166 0.151 3.039 1.689
   month-over-month % change -24.2% -21.7% -7.1% -6.9% 0.7% -19.1% 2.1% -7.4% -8.9%    
   year-over-year % change 47.3% -59.4% -63.7% -36.4% -26.7% -45.6% -37.4% -43.4% -46.3% 20.1% -44.4%
Amusement 0.466 0.714 0.337 0.397 0.509 0.506 0.549 0.538 0.530 6.953 5.722
   month-over-month % change 34.4% 53.4% -52.8% -6.5% 28.1% -0.6% -1.1% -1.9% -1.5%    
   year-over-year % change -13.4% -15.0% -22.3% -47.1% -18.5% -16.2% -21.3% -19.2% -16.1% -12.2% -17.7%
Office 1.233 1.176 3.363 1.586 1.575 1.924 2.312 2.108 1.948 34.617 21.404
   month-over-month % change -46.8% -4.6% 186.0% -8.9% -0.7% 22.2% -6.7% -8.8% -7.6%    
   year-over-year % change -61.9% -67.5% -36.4% -48.3% -49.7% -52.5% -14.9% -24.5% -37.4% 27.5% -38.2%
Governmental Offices 1.736 0.728 0.761 1.234 1.138 1.075 0.967 0.937 0.909 10.990 10.146
   month-over-month % change 82.9% -58.1% 4.5% 30.8% -7.8% -5.5% 7.5% -3.2% -3.0%    
   year-over-year % change 87.1% -33.6% -30.5% -3.4% 6.6% 3.4% -0.6% -5.3% -6.3% 6.1% -7.7%
Laboratories 0.058 0.089 0.110 0.119 0.089 0.086 0.171 0.170 0.164 2.109 1.662
   month-over-month % change -52.3% 53.4% 23.9% -29.5% -24.6% -4.2% -11.5% -0.4% -3.6%    
   year-over-year % change -82.1% -8.5% -39.9% -56.8% -67.3% -57.5% -14.4% -10.0% -16.4% -20.8% -21.2%
Warehouse 1.433 1.667 1.806 1.666 1.716 1.635 1.997 2.014 1.992 20.439 21.785
   month-over-month % change -30.0% 16.3% 8.4% -13.6% 2.9% -4.7% -1.2% 0.9% -1.1%    
   year-over-year % change -17.1% 14.0% -12.3% -15.1% -11.5% -6.6% 9.4% 13.8% 12.4% -2.2% 6.6%
Misc Commercial 0.625 0.226 0.381 0.751 0.514 0.410 0.788 0.717 0.617 19.708 6.529
   month-over-month % change -9.7% -63.9% 68.8% 2.4% -31.5% -20.2% -20.9% -9.0% -14.0%    
   year-over-year % change -80.0% -79.1% -75.9% -67.4% -70.3% -78.7% -49.7% -55.4% -63.4% 67.9% -66.9%
TOTAL COMMERCIAL 7.116 6.222 8.423 7.537 7.243 7.254 9.292 8.845 8.295 134.917 89.758
   month-over-month % change -15.2% -12.6% 35.4% -2.9% -3.9% 0.1% -5.1% -4.8% -6.2%    
   year-over-year % change -45.9% -46.3% -43.9% -40.9% -39.7% -45.3% -19.4% -23.5% -30.7% 7.9% -33.5%
TOTAL INDUSTRIAL  (Manufacturing) 1.510 2.242 0.300 1.949 2.326 1.351 1.839 1.782 1.569 54.185 17.198
   month-over-month % change -53.2% 48.5% -86.6% 16.7% 19.3% -41.9% 2.7% -3.1% -12.0%    
   year-over-year % change 61.7% -23.2% -89.5% -72.7% -57.1% -39.7% -60.7% -61.8% -67.4% 68.0% -68.3%
Religious 0.111 0.124 0.080 0.111 0.122 0.105 0.131 0.133 0.122 1.777 1.348
   month-over-month % change -14.4% 11.4% -35.1% 6.2% 9.8% -13.6% -2.0% 1.7% -8.7%    
   year-over-year % change -22.3% 27.0% -63.3% -25.1% -8.8% -31.4% -22.1% -19.1% -27.3% -9.3% -24.1%
Hosptials/Clinics 0.610 1.225 1.309 0.723 0.836 1.048 1.326 1.227 1.123 19.593 11.282
   month-over-month % change -9.7% 100.9% 6.9% -25.4% 15.7% 25.3% -5.9% -7.5% -8.5%    
   year-over-year % change -62.1% -49.2% -48.8% -68.6% -60.5% -52.2% -17.1% -27.7% -39.5% 38.1% -42.4%
Nursing/Assisted Living 0.593 0.675 0.487 0.537 0.653 0.585 0.603 0.582 0.563 9.143 6.305
   month-over-month % change -14.3% 13.8% -27.8% -0.3% 21.7% -10.5% -6.0% -3.4% -3.3%    
   year-over-year % change -43.7% -26.7% -31.8% -24.2% -17.2% -34.8% -30.1% -31.4% -33.2% -5.0% -31.0%
Libraries/Museums 0.157 0.150 0.105 0.200 0.177 0.138 0.361 0.327 0.309 3.863 3.497
   month-over-month % change -29.4% -4.5% -29.8% -22.1% -11.7% -22.1% -7.5% -9.6% -5.5%    
   year-over-year % change -69.0% -73.5% -67.1% -45.1% -55.5% -70.4% 16.3% 0.4% -8.0% 49.5% -9.5%
Police/Courthouse/Prison 0.629 0.623 1.058 0.778 0.787 0.770 0.639 0.628 0.667 6.432 7.492
   month-over-month % change -43.2% -1.0% 69.8% 3.8% 1.1% -2.1% -4.6% -1.7% 6.2%    
   year-over-year % change -37.2% -17.3% 78.5% 14.8% -0.2% -1.6% 1.5% 3.4% 12.1% -13.2% 16.5%
Military 0.972 0.999 1.118 0.693 0.829 1.030 0.712 0.712 0.751 4.820 8.779
   month-over-month % change 88.6% 2.8% 11.9% 18.2% 19.6% 24.3% 2.8% 0.1% 5.4%    
   year-over-year % change 31.1% 1.0% 69.9% 45.5% 20.7% 29.3% 67.8% 62.9% 71.8% 0.2% 82.2%
Schools/Colleges 3.930 3.843 3.843 5.076 4.347 3.872 5.730 5.658 5.608 70.541 61.956
   month-over-month % change -25.4% -2.2% 0.0% -26.7% -14.4% -10.9% -0.9% -1.3% -0.9%    
   year-over-year % change -13.6% -18.3% -13.5% -11.5% -13.6% -15.2% -8.4% -9.8% -10.8% 6.0% -12.2%
Misc Government 0.496 0.467 0.518 0.485 0.483 0.494 0.639 0.601 0.607 8.522 6.461
   month-over-month % change 2.0% -5.8% 10.9% 4.0% -0.3% 2.2% -2.6% -5.9% 0.9%    
   year-over-year % change -29.6% -49.4% 14.7% -32.2% -40.8% -28.7% -19.4% -24.8% -21.1% -19.2% -24.2%
TOTAL INSTITUTIONAL 7.498 8.106 8.520 8.602 8.234 8.041 10.141 9.869 9.749 124.690 107.121
   month-over-month % change -17.6% 8.1% 5.1% -18.8% -4.3% -2.3% -2.3% -2.7% -1.2%    
   year-over-year % change -27.2% -28.7% -14.4% -22.7% -23.5% -23.7% -8.2% -11.5% -13.7% 6.0% -14.1%
Misc Non Residential 0.446 0.475 0.452 0.427 0.462 0.457 0.542 0.493 0.457 7.221 5.035
   month-over-month % change -4.3% 6.6% -4.8% -5.3% 8.3% -1.0% -2.3% -9.0% -7.4%    
   year-over-year % change -25.3% -55.3% -49.2% -29.0% -38.8% -46.1% -5.6% -18.5% -28.0% 6.0% -30.3%
TOTAL NONRES BUILDING 16.568 17.045 17.696 18.515 18.265 17.103 21.814 20.990 20.070 321.013 219.113
   month-over-month % change -21.8% 2.9% 3.8% -9.6% -1.4% -6.4% -3.1% -3.8% -4.4%    
   year-over-year % change -33.7% -36.7% -38.4% -41.5% -36.9% -36.4% -21.6% -25.0% -30.1% 13.9% -31.7%
Airports 0.727 0.450 0.671 0.716 0.635 0.616 0.549 0.506 0.533 6.956 5.960
   month-over-month % change -0.4% -38.1% 49.2% -8.0% -11.3% -3.1% 2.1% -7.8% 5.4%    
   year-over-year % change 22.6% -53.3% 94.0% -7.3% -14.9% -2.9% -11.6% -17.4% -12.5% 0.6% -14.3%
Roads/Highways 4.044 4.947 5.248 5.072 4.736 4.746 5.269 5.267 5.375 60.925 60.112
   month-over-month % change -22.5% 22.3% 6.1% -16.6% -6.6% 0.2% -1.4% 0.0% 2.1%    
   year-over-year % change -17.7% -0.4% 32.9% -16.8% -7.6% 3.0% -0.9% -2.1% 0.2% 1.9% -1.3%
Bridges 0.935 1.081 1.177 1.404 1.048 1.064 1.971 1.869 1.808 28.557 20.062
   month-over-month % change -17.0% 15.6% 8.8% -29.7% -25.4% 1.6% -7.2% -5.2% -3.3%    
   year-over-year % change -66.3% -53.2% -38.3% -38.4% -56.0% -54.3% -20.6% -25.6% -28.5% 28.3% -29.7%
Dams/Marine 0.415 1.083 0.835 0.554 0.769 0.778 0.692 0.697 0.678 8.149 7.733
   month-over-month % change -48.8% 161.2% -22.8% -13.5% 38.8% 1.1% -1.5% 0.7% -2.7%    
   year-over-year % change -23.6% 5.5% -21.5% 7.7% 14.4% -11.4% 1.2% 2.5% -5.9% 32.4% -5.1%
Water/Sewage 3.183 2.313 1.891 2.903 2.720 2.462 2.732 2.719 2.667 28.444 28.827
   month-over-month % change 19.4% -27.3% -18.3% -2.8% -6.3% -9.5% 1.7% -0.5% -1.9%    
   year-over-year % change 20.2% -6.2% -25.1% 11.9% 13.3% -3.3% 8.8% 8.3% 4.8% 3.2% 1.3%
Misc Civil 0.716 0.833 1.415 1.744 1.177 0.988 2.698 2.301 2.247 39.358 20.129
   month-over-month % change -63.9% 16.3% 69.8% -18.6% -32.5% -16.1% -9.6% -14.7% -2.4%    
   year-over-year % change -82.8% -85.1% -31.7% -66.0% -81.8% -74.9% -16.2% -33.6% -33.0% 25.9% -48.9%
TOTAL ENGINEERING 10.019 10.706 11.236 12.393 11.085 10.654 13.910 13.359 13.307 172.387 142.823
   month-over-month % change -20.0% 6.9% 4.9% -15.3% -10.6% -3.9% -3.3% -4.0% -0.4%    
   year-over-year % change -35.9% -38.2% -5.3% -28.7% -37.7% -28.7% -6.2% -11.9% -12.0% 12.0% -17.1%
GRAND TOTAL 53.291 56.423 52.364 57.558 56.599 54.026 60.044 58.685 57.616 766.987 628.568
   month-over-month % change -11.3% 5.9% -7.2% -6.4% -1.7% -4.5% -1.9% -2.3% -1.8%    
   year-over-year % change -21.2% -22.4% -19.7% -23.6% -23.8% -21.1% -10.0% -12.9% -15.7% 7.7% -18.0%
NONRES BLDG + ENGINEERING 26.588 27.751 28.932 30.907 29.350 27.757 35.725 34.348 33.377 493.400 361.936
   month-over-month % change -21.1% 4.4% 4.3% -12.0% -5.0% -5.4% -3.2% -3.9% -2.8%    
   year-over-year % change -34.6% -37.3% -28.7% -36.9% -37.2% -33.6% -16.3% -20.4% -23.9% 13.2% -26.6%

Data Source and Table: ConstructConnect.

TABLE 8: U.S. YEAR-TO-DATE REGIONAL STARTS,
NONRESIDENTIAL CONSTRUCTION* — CONSTRUCTCONNECT

  JAN-nov 2019   JAN-nov 2020   % Change
           
Connecticut $4,921,168,061   $3,353,861,949   -31.8%
Maine $1,838,062,015   $1,454,527,589   -20.9%
Massachusetts $11,679,486,913   $8,265,796,518   -29.2%
New Hampshire $1,446,536,437   $929,336,299   -35.8%
Rhode Island $839,090,229   $687,700,145   -18.0%
Vermont $376,896,095   $501,889,750   33.2%
Total New England $21,101,239,750   $15,193,112,250   -28.0%
New Jersey $8,440,296,948   $6,859,317,603   -18.7%
New York $25,953,962,769   $18,750,551,260   -27.8%
Pennsylvania $14,743,675,353   $10,227,513,357   -30.6%
Total Middle Atlantic $49,137,935,070   $35,837,382,220   -27.1%
TOTAL NORTHEAST $70,239,174,820   $51,030,494,470   -27.3%
Illinois $16,244,584,049   $13,429,873,412   -17.3%
Indiana $8,021,271,281   $7,474,334,408   -6.8%
Michigan $12,609,130,214   $7,086,618,876   -43.8%
Ohio $14,178,179,733   $12,486,685,308   -11.9%
Wisconsin $10,269,493,144   $8,146,427,282   -20.7%
Total East North Central $61,322,658,421   $48,623,939,286   -20.7%
Iowa $5,710,075,023   $4,829,899,283   -15.4%
Kansas $4,548,592,335   $4,751,183,193   4.5%
Minnesota $10,727,652,720   $7,860,227,183   -26.7%
Missouri $7,694,898,145   $8,683,077,435   12.8%
Nebraska $3,478,124,286   $4,108,069,482   18.1%
North Dakota $2,565,258,452   $2,267,927,127   -11.6%
South Dakota $2,687,710,995   $1,208,557,927   -55.0%
Total West North Central $37,412,311,956   $33,708,941,630   -9.9%
TOTAL MIDWEST $98,734,970,377   $82,332,880,916   -16.6%
Delaware $1,066,453,820   $1,223,755,472   14.7%
District of Columbia $1,981,947,778   $822,912,787   -58.5%
Florida $31,162,946,878   $21,012,711,037   -32.6%
Georgia $17,932,065,543   $10,582,201,764   -41.0%
Maryland $6,790,458,852   $6,719,811,013   -1.0%
North Carolina $15,942,697,540   $9,557,938,663   -40.0%
South Carolina $6,949,655,419   $4,993,181,279   -28.2%
Virginia $14,166,702,102   $10,246,795,535   -27.7%
West Virginia $1,761,983,171   $2,320,092,680   31.7%
Total South Atlantic $97,754,911,103   $67,479,400,230   -31.0%
Alabama $7,940,514,186   $4,930,761,438   -37.9%
Kentucky $6,022,805,752   $5,079,746,861   -15.7%
Mississippi $2,620,101,112   $2,590,708,470   -1.1%
Tennessee $8,242,405,294   $7,534,935,281   -8.6%
Total East South Central $24,825,826,344   $20,136,152,050   -18.9%
Arkansas $3,379,144,737   $4,045,711,421   19.7%
Louisiana $8,308,954,446   $4,225,147,430   -49.1%
Oklahoma $5,109,725,446   $3,946,908,982   -22.8%
Texas $79,542,548,439   $45,394,880,618   -42.9%
Total West South Central $96,340,373,068   $57,612,648,451   -40.2%
TOTAL SOUTH $218,921,110,515   $145,228,200,731   -33.7%
Arizona $9,059,957,275   $7,025,508,217   -22.5%
Colorado $9,532,228,279   $6,383,447,578   -33.0%
Idaho $2,120,396,832   $1,368,122,339   -35.5%
Montana $1,909,004,599   $1,520,849,847   -20.3%
Nevada $6,268,922,485   $3,250,527,106   -48.1%
New Mexico $2,575,393,007   $2,249,902,036   -12.6%
Utah $5,211,488,795   $6,120,841,611   17.4%
Wyoming $4,256,058,489   $917,514,817   -78.4%
Total Mountain $40,933,449,761   $28,836,713,551   -29.6%
Alaska $996,189,515   $1,376,751,523   38.2%
California $37,716,163,718   $35,076,702,018   -7.0%
Hawaii $1,996,723,005   $1,851,639,969   -7.3%
Oregon $5,719,571,494   $4,059,285,708   -29.0%
Washington $18,142,649,705   $12,143,446,922   -33.1%
Total Pacific $64,571,297,437   $54,507,826,140   -15.6%
TOTAL WEST $105,504,747,198   $83,344,539,691   -21.0%
TOTAL U.S. $493,400,002,910   $361,936,115,808   -26.6%

*Figures above are comprised of nonres building and engineering (i.e., residential is omitted).

Data Source and Table: ConstructConnect.


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