October's Nonresidential Construction Starts -26% M/M, -9% Y/Y & -2% YTD

October Handicapped by September’s Strength

ConstructConnect announced today that October 2021’s volume of construction starts, excluding residential work, was $28.8 billion (see shaded green box, bottom of Table 8 below), a decrease of -25.6% compared with September 2021’s level of $38.7 billion (originally reported as $38.0 billion).

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