ConstructConnect announced today that April 2021’s volume of construction starts, excluding residential work, was $31.5 billion, a decrease of -5.9% versus March 2021’s $33.4 billion (originally reported as $32.2 billion). The m/m pullback was entirely due to softness in nonresidential building starts, -23.4%, as heavy engineering/civil starts were +25.3%.
Year-to-date nonresidential starts through the fourth month of this year were -16.8% versus Jan-Apr 2020. Nonresidential building and engineering year-to-date performances have been -24.6% and -3.5% respectively.
