February 2021 Nonresidential Construction Starts -30% YTD Versus ‘Normal’

Latest Starts Expose January’s False Signal ConstructConnect announced today that the latest month’s volume of construction starts, excluding residential work, was $18.5 billion, a decrease of -34.6% versus January 2021’s $28.3 billion and a similarly large contraction of -38.5% compared with February 2020’s $30.1 billion.

February 2021 Nonresidential Construction Starts -30% YTD Versus ‘Normal’

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