Tag Archives: nonresidential building

Chicago Construction, Glazing Industry Rolling Forward

Chicago Dusk

The city that gave the U.S. its first skyscraper is back on track to build some more. The Chicago metro area has seen a big boost in construction over the past year, namely in the institutional sector. In 2014, through … Continue reading

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October Nonresidential Construction Bounces Back

Nonresidential construction spending rebounded in October, increasing 1 percent on a monthly basis and 4.3 percent year-over-year, according to the U.S. Census Bureau. Spending for the month totaled $611.8 billion—up from September’s figure, which was revised to $605.8 billion from … Continue reading

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Nonresidential Building Declines Sharply in August

New construction starts in August dropped 9 percent at a seasonally adjusted annual rate of $540.6 billion, according to McGraw Hill Construction. The decline followed July’s elevated volume, the strongest so far in 2014, and brought activity back to the average … Continue reading

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Construction Starts Rise in July

New construction starts in July climbed 6 percent to a seasonally adjusted annual rate of $588.8 billion, according to McGraw Hill Construction. Nonresidential building continued to advance, and residential building was unchanged from its pace in June. For the first … Continue reading

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Nonresidential Building Starts Dip in May After Jump in April

The upward momentum of construction activity created in March and April saw a slight dip in May. McGraw Hill Construction chief economist Robert A. Murray says that’s no reason to panic. Nonresidential building starts in May fell five percent to … Continue reading

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Nonresidential Building Activity Projected to Accelerate in 2014

Healthy fundamentals in the commercial property market combined with the international economy returning to more traditional growth levels are factoring into a projected increase in growth for the design and construction industry, according to a new report from the American … Continue reading

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August Construction Rises Two Percent

At a seasonally adjusted annual rate of $490.2 billion, new construction starts in August advanced two percent relative to July, according to McGraw Hill Construction, a division of McGraw Hill Financial. Residential building stayed on the upward track, while nonresidential … Continue reading

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