May's Nonresidential Construction Starts -2.0% M/M & -14% YTD

Nonresidential Construction Pales Beside Residential

ConstructConnect announced today that May 2021’s volume of construction starts, excluding residential work, was $32.5 billion (green shaded box, Table 8 below), a decline of -2.0% versus April 2021’s $33.2 billion (originally reported as $31.5 billion).

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