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Phoenix rises as US construction starts plummet

September 17, 2020


While commercial and multifamily construction activity plummeted in the first half of 2020, one major metro area was spared.

Starts in the top 20 metropolitan areas posted a decline of 22% through the first six months of 2020 compared to the same period a year ago, according to Dodge Data and Analytics. After a normal start to the year, the drop began in March as a direct result of the coronavirus pandemic.

In Phoenix, however, construction starts leapt by 82% for the first half of 2020, according to Dodge. That equalled nearly $2.8 billion in project starts for the measured period.

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