Construction Industry Snapshot Package-August 2014

Construction
Industry
Snapshot September 2014
Reed Construction Data’s dollar value of
construction starts in August, excluding
residential activity, rose by one-quarter
(+25.0%) versus July.
August’s volume of $32.17 billion
was almost an exact match for June’s
$32.05 billion.
Year-to-date starts in 2014 have been
+8.3% versus the same first-eight-
month-period of last year.
In year-to-date starts, heavy engineering
(+12.8%) is the leader, followed by
institutional (+7.9%), while commercial
(+0.4%) gives an appearance of
hesitancy. January-to-August industrial
starts are +29.7% versus the same front
two-thirds of last year.
Contents
Commentary and latest starts statistics......2
“Top Ten” Construction Starts....................3
Trends graphs for 12 key categories...........4
Detailed table ..........................................5
August’s Notable Points
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Construction Industry Snapshot
©2014 Reed Construction Data. All Rights Reserved. 2
Non-residential Construction Starts
Bounced Higher in August
Reed Construction Data announced today that the dollar value of construction starts
in August, excluding residential activity, rose by one-quarter (+25.0%) versus July. The
jump is even more impressive when seasonality is taken into account. Reed’s long-term
average July-to-August percentage change has been -3.5%.
There has been considerable volatility in the starts series over the last couple of
months. July versus June displayed a large drop, -19.7%, after June compared with May
rose by one-third, +33.4%.
August’s volume of $32.17 billion was almost an exact match for June’s $32.05 billion.
Both months are now virtually tied for this year’s best.
August of 2014 was +24.6 when compared with the same month of 2013. Year-to-date
starts in 2014, at $198.4 billion, have been +8.3% versus the same first-eight-month-
period of last year.
The starts figures are in “current” dollars, meaning they are not adjusted for inflation.
“Non-residential building” plus “engineering/civil” work accounts for a considerably
larger share of total construction than residential activity. The former’s combined propor-
tion of total put-in-place construction in the Census Bureau’s July report was 63% versus
the latter’s 37%.
Reed’s construction starts are leading indicators for the Census Bureau’s capital
investment or put-in-place series.
The 4.2% annualized increase in “real” (i.e., inflation-adjusted) gross domestic
product (GDP) in this year’s second quarter points to a level of business activity that must
inevitably give rise to heightened construction activity. Car sales have been speeding
along and housing starts have been climbing out of the basement.
NASDAQ has been soaring and both the Dow Jones Industrials index (DJI) and the S&P
500 have set new all-time highs. A pick-up in non-residential construction usually follows
improvement in the broader economy. That day appears to be approaching.
Among the three major construction sub-categories, commercial starts in August
(+56.9%) experienced the largest month-to-month increase. Heavy engineering (+12.7%)
also saw a nice nudge, while institutional starts (+6.1%) recorded a relatively modest gain.
Industrial starts (+961.5%) rose almost 1,000%, but it was on top of a small base.
Nevertheless, attention should be paid to the fact some industry segments within man-
ufacturing are testing capacity constraints, which will necessitate facility expansions.
Most notably, car assemblers are working full out, with extra shifts being scheduled and
workers putting in lots of overtime.
Compared with the same month of last year, commercial starts (+40.2%) were again
in the forefront, but heavy engineering (+20.1%) and institutional (+16.0%) were in closer
competition. Industrial starts (+36.6%) were also up to a significant degree.
The standings are quite different in year-to-date starts. Heavy engineering (+12.8%)
is the leader, followed by institutional (+7.9%), while commercial (+0.4%) gives an
appearance of hesitancy. January-to-August industrial starts are +29.7% versus the
same front two-thirds of last year.
Within commercial, recent lift has been provided by hotel work (+117.0% month
over month; +39.0% year over year; and +0.6% year to date), the amusement category
(+77.6% m/m; +42.1% y/y; and +11.0% ytd) and warehouses (+282.4% m/m; +308.1%
y/y; and +68.7% ytd). The usual sources of commercial strength, retail (-27.1% m/m;
-42.1% y/y; and -8.5% ytd) and private office buildings (-28.1% m/m; -27.1% y/y; but
+9.6% ytd) have largely disappointed.
Two sub-categories dominate institutional starts. Hospital/clinic worked doubled on
a month-to-month basis (+102.0%) in August and climbed respectably year over year
(+28.3%), but remained below 2013 on a year-to-date basis (-14.4%). School/college
starts — with more than four times the dollar volume of hospital/clinic starts — dis-
played the opposite pattern. They were down month to month (-5.5%), level year over year
(-0.2%), but higher year to date (+9.2%).
Road and highway work (+2.9% m/m; +22.4% y/y; and +11.5% ytd) has been contributing
its fair share in the heavy engineering category , but bridge starts — despite well-publicized
concern about the structural safety of existing structures — have been a letdown (-20.2% m/m;
-36.1% y/y; and -0.8% ytd). The water and sewage sub-category (+4.3% m/m; +2.4% y/y; and
+11.0% ytd) has been a source of positive news, as has the “miscellaneous civil” designation,
(+69.5% m/m; +76.5% y/y; and +33.6% ytd), which includes power projects.
The Department of Labor’s August Employment Situation report helps to explain the
strength in some of the aforementioned construction categories. While the total number
of jobs in the economy is +1.8% year over year, payrolls in the motor vehicles and parts
sector are +5.3%; in transportation and warehousing, they are +3.4%; and in leisure and
hospitality, +2.4%.
Year-over-year employment in architectural and engineering services has risen by
an encouraging 4.0%. Along the construction pipeline, the “drawing board” stage is in
advance of both starts and the hiring of more on-site workers.
The value of construction starts each month is summarized from Reed’s database of
all active construction projects in the U.S. Missing project values are estimated with the
help of RSMeans’ building cost models.
Alex Carrick
A start is determined by taking the announced bid date and adding 30 days. It is then
assumed the project will actually break ground within 30 to 60 days of the start date. Reed
continues to follow the project via its network of researchers. If it is abandoned or re-bid, then
the start data is updated to reflect the new information.
Source: Reed Research Group and Reed Construction Data (Reed).
Table: Reed Construction Data.
VALUE OF UNITED STATES
CONSTRUCTION STARTS – AUGUST 2014
YEAR TO DATE
(REED CONSTRUCTION DATA)
% Change % Change % Change
Jan-Aug 14 Jan-Aug 14 vs Aug 14 vs Aug 14 vs
($ billions) Jan-Aug 13 Aug 13 Jul 14
Hotel/Motel 4.983 0.6% 39.0% 117.0%
Retail 12.213 -8.5% -42.1% -27.1%
Parking Garage 1.132 -20.4% -9.7% 37.7%
Amusement 3.802 11.0% 42.1% 77.6%
Private Office 8.784 9.6% -27.1% -28.1%
Government Office 7.078 9.0% 10.7% -17.2%
Laboratory 1.828 172.2% 94.4% 69.2%
Warehouse 4.402 68.7% 308.1% 282.4%
Miscellaneous Commercial 7.777 -28.5% 351.1% 378.2%
COMMERCIAL 52.000 0.4% 40.2% 56.9%
INDUSTRIAL (Manufacturing) 6.901 29.7% 36.6% 961.5%
Religious 0.944 -12.1% -28.0% -31.9%
Hospital/Clinic 8.426 -14.4% 28.3% 102.0%
Nursing/Assisted Living 2.236 -5.4% 5.4% 16.9%
Library/Museum 1.646 26.5% 82.1% 225.9%
Police/Courthouse/Prison 2.653 -4.9% -5.3% -1.1%
Military 5.622 89.6% 205.5% 1.2%
School/College 38.137 9.2% -0.2% -5.5%
Miscellaneous Government 1.587 4.6% 22.3% -3.8%
INSTITUTIONAL 61.252 7.9% 16.0% 6.1%
Miscellaneous Non-residential 2.555 18.3% 25.4% 14.9%
NON-RESIDENTIAL BUILDING 122.708 5.7% 27.7% 34.3%
Airport 2.299 36.6% 35.5% -16.5%
Road/Highway 31.897 11.5% 22.4% 2.9%
Bridge 7.183 -0.8% -36.1% -20.2%
Dam/Marine 2.692 -18.1% 23.6% 120.7%
Water/Sewage 17.129 11.0% 2.4% 4.3%
Miscellaneous Civil 14.523 33.6% 76.5% 69.5%
HEAVY ENGINEERING 75.722 12.8% 20.1% 12.7%
TOTAL NON-RESIDENTIAL 198.430 8.3% 24.6% 25.0%
Data source: Reed Research Group and Reed Construction Data (RCD).
Table: Reed Construction Data - CanaData.
Name of file: "RCD Starts FINAL (Aug 14) - Extra.xlsx" in "U.S. 2014" folder
VALUE OF UNITED STATES
CONSTRUCTION STARTS - AUGUST 2014
YEAR TO DATE
(Reed Construction Data)
Alex Carrick is Chief Economist for Reed Construction Data. He has delivered presentations throughout North America on the U.S., Canadian and world construction outlooks.
Mr. Carrick has been with Reed since 1985.

REGION (EAST TO WEST) TYPE OF CONSTRUCTION DESCRIPTION SQUARE FEET 000S DOLLARS 000,000S
Pennsylvania
Philadelphia Commercial W Hotel/Element Hotel 800 $280
(1 structure; 52 stories) 1441 Chestnut St
Starwood Hotels & Resorts Worldwide Corp Office
North Carolina
Asheville Industrial New Belgium Brewery 1,367 $175
(2 structures; 3 stories) 163 Craven St
New Belgium Brewery
District of Columbia
Washington Residential Camden 61 Pierce Street 845 $151
(1 structure; 14 stories) Pierce St
Camden Prop Mid Atlantic Region
Georgia
Dalton Industrial Engineered Flooring Manufacturing Plant 2,000 $350
S Dug Gap Rd
Engineered Floors LLC
Florida
Palm Beach Gardens Engineering/Civil Lilac Street Repump Facility Sodium Bisulfite
Contact Tank
* $1,002
Lilac St
Seacoast Utility Authority
Indiana
Winchester Industrial Headwaters Wind Farm 2,734 $350
(1 structure; 1 story)
US - Army Corp of Engineers
Mississippi
West Point Industrial Yokohama Manufacturing Plant 931 $300
(1 structure) Prairie Belt Powersite
Yokohama Tire USA
Texas
Tarrant County Industrial USACE Property Facilities MATOC * $538
various locations
US - Army Corp of Engineers
California
Downey Institutional Rancho Los Amigos National Center * $182
(1 structure) 7601 Imperial Hwy
City of Los Angeles
Hawaii
Kahului Commercial HIDOT Kahului Airport Consolidation Car Rental Facility * $281
1 Kahului Airport Rd
HI - Department of Transportation
TOTALS: 8,677 $3,609
THESE ARE THE 10 LARGEST PROJECTS IN THE U.S. START FIGURES FOR AUGUST 2014
*A square footage measure does not apply for alteration and engineering/civil work.
Source: Reed Construction Data/Table: Reed Construction Data.

Source: Reed Construction Data/Charts: Reed Construction Data.
U.S. NON-RESIDENTIAL CONSTRUCTION STARTS –
REED CONSTRUCTION DATA
(12-MONTH MOVING AVERAGES)
U.S. RETAIL AND PRIVATE OFFICE BUILDING
CONSTRUCTION STARTS – REED CONSTRUCTION DATA
U.S. ROAD/HIGHWAY AND WATER/SEWAGE
U.S. COMMERCIAL AND INSTITUTIONAL
U.S. HOSPITAL/CLINIC AND SCHOOL/COLLEGE
U.S. BRIDGES AND MISCELLANEOUS CIVIL
Data source: Reed Construction Data.
U.S. Non-residential Construction Starts ‒ Reed Construction Data
(12-month moving averages)
$0.0
$2.0
$4.0
$6.0
$8.0
$10.0
$12.0
$14.0
$16.0
$18.0
$20.0
05-J
M
M
J
S
N
06-J
M
M
J
S
N
07-J
M
M
J
S
N
08-J
M
M
J
S
N
09-J
M
M
J
S
N
10-J
M
M
J
S
N
11-J
M
M
J
S
N
12-J
M
M
J
S
N
13-J
M
M
J
S
N
14-J
M
M
J
Current$billions
Year and month
Non-residential building
Heavy engineering
Aug
U.S. Retail & Private Office Building Construction Starts ‒ Reed Construction Data
$0.0
$1.0
$2.0
$3.0
05-J
M
M
J
S
N
06-J
M
M
J
S
N
07-J
M
M
J
S
N
08-J
M
M
J
S
N
09-J
M
M
J
S
N
10-J
M
M
J
S
N
11-J
M
M
J
S
N
12-J
M
M
J
S
N
13-J
M
M
J
S
N
14-J
M
M
J
Current$billions
Year and month
Retail
Private Office Buildings
Aug
U.S. Road/Highway & Water/Sewage Construction Starts ‒ Reed Construction Data
$0.0
$1.0
$2.0
$3.0
$4.0
$5.0
05-J
M
M
J
S
N
06-J
M
M
J
S
N
07-J
M
M
J
S
N
08-J
M
M
J
S
N
09-J
M
M
J
S
N
10-J
M
M
J
S
N
11-J
M
M
J
S
N
12-J
M
M
J
S
N
13-J
M
M
J
S
N
14-J
M
M
J
Current$billions
Year and month
Roads/Highways
Water/Sewage
Aug
U.S. Commercial & Institutional Construction Starts ‒ Reed Construction Data
$4.0
$5.0
$6.0
$7.0
$8.0
$9.0
$10.0
05-J
M
M
J
S
N
06-J
M
M
J
S
N
07-J
M
M
J
S
N
08-J
M
M
J
S
N
09-J
M
M
J
S
N
10-J
M
M
J
S
N
11-J
M
M
J
S
N
12-J
M
M
J
S
N
13-J
M
M
J
S
N
14-J
M
M
J
Current$billions
Year and month
Institutional
Commercial
Aug
U.S. Hospital/Clinic & School/College Construction Starts ‒ Reed Construction Data
$0.0
$1.0
$2.0
$3.0
$4.0
$5.0
$6.0
05-J
M
M
J
S
N
06-J
M
M
J
S
N
07-J
M
M
J
S
N
08-J
M
M
J
S
N
09-J
M
M
J
S
N
10-J
M
M
J
S
N
11-J
M
M
J
S
N
12-J
M
M
J
S
N
13-J
M
M
J
S
N
14-J
M
M
J
Current$billions
Year and month
Schools/Colleges
Hospitals/Clinics
Aug
U.S. Bridges & Miscellaneous Civil Construction Starts ‒ Reed Construction Data
$0.0
$0.5
$1.0
$1.5
$2.0
05-J
M
M
J
S
N
06-J
M
M
J
S
N
07-J
M
M
J
S
N
08-J
M
M
J
S
N
09-J
M
M
J
S
N
10-J
M
M
J
S
N
11-J
M
M
J
S
N
12-J
M
M
J
S
N
13-J
M
M
J
S
N
14-J
M
M
J
Current$billions
Year and month
Bridges
Miscellaneous civil (e.g., power plants, etc.)
Aug

Source: Reed Construction Data/Table: Reed Construction Data.
VALUE OF U.S. CONSTRUCTION STARTS – AUGUST 2014 – REED CONSTRUCTION DATA
BILLIONS OF CURRENT $S, NOT SEASONALLY ADJUSTED (NSA)
Jan-Aug, Jan-Aug,
Jun 14 Jul 14 Aug 14 Jun 14 Jul 14 Aug 14 Jun 14 Jul 14 Aug 14 2013 2014
Single Family 9.931 9.781 9.817 9.662 9.804 9.843 9.618 9.661 9.705 76.438 78.633
month-over-month % change 2.4% -1.5% 0.4% 1.3% 1.5% 0.4% 0.5% 0.4% 0.5%
year-over-year % change 6.5% 5.6% 5.7% 1.1% 4.3% 5.9% 4.1% 4.5% 5.6% 13.3% 2.9%
Apartment 2.371 2.908 3.098 2.794 2.785 2.793 3.685 3.669 3.667 27.851 28.641
month-over-month % change -22.9% 22.6% 6.5% -42.0% -0.3% 0.3% -3.3% -0.4% -0.1%
year-over-year % change -38.8% -6.2% -1.0% -18.7% -11.6% -17.1% 13.5% 10.8% 10.6% 43.4% 2.8%
TOTAL RESIDENTIAL 12.303 12.689 12.915 12.456 12.588 12.636 13.303 13.330 13.372 104.289 107.274
month-over-month % change -3.7% 3.1% 1.8% -13.3% 1.1% 0.4% -0.6% 0.2% 0.3%
year-over-year % change -6.8% 2.6% 4.0% -4.1% 0.3% -0.2% 6.5% 6.1% 6.9% 20.0% 2.9%
Hotel/Motel 0.521 0.525 1.139 0.543 0.528 0.728 0.602 0.547 0.574 4.953 4.983
month-over-month % change -3.5% 0.8% 117.0% -16.5% -2.6% 37.8% 3.0% -9.1% 4.9%
year-over-year % change 68.7% -55.6% 39.0% -4.6% -22.6% -5.4% 17.0% -5.4% -3.2% 38.5% 0.6%
Retail 1.749 1.808 1.318 1.688 1.791 1.625 1.504 1.536 1.456 13.351 12.213
month-over-month % change -3.7% 3.4% -27.1% 5.4% 6.1% -9.3% 1.4% 2.1% -5.2%
year-over-year % change 16.8% 27.0% -42.1% 16.0% 28.8% -6.2% 3.8% 3.9% -6.1% 62.1% -8.5%
Parking Garages 0.158 0.192 0.264 0.137 0.162 0.205 0.145 0.143 0.141 1.423 1.132
month-over-month % change 16.2% 21.3% 37.7% -2.9% 18.2% 26.3% -2.2% -1.4% -1.7%
year-over-year % change -19.7% -11.2% -9.7% -36.5% -28.2% -13.0% -0.6% -3.1% -13.2% 53.2% -20.4%
Amusement 0.621 0.397 0.705 0.549 0.490 0.574 0.462 0.466 0.483 3.424 3.802
month-over-month % change 37.6% -36.1% 77.6% 19.8% -10.7% 17.3% -1.1% 0.9% 3.7%
year-over-year % change -9.4% 14.1% 42.1% 1.8% -7.9% 12.6% 9.7% 12.1% 14.3% -20.6% 11.0%
Office 1.497 0.813 0.584 1.107 1.053 0.965 1.404 1.312 1.294 8.015 8.784
month-over-month % change 76.4% -45.7% -28.1% 20.7% -4.8% -8.4% 4.9% -6.5% -1.4%
year-over-year % change 109.9% -57.5% -27.1% 7.6% -4.4% -15.5% 11.0% -4.9% -6.3% 2.6% 9.6%
Governmental Offices 0.764 1.118 0.925 0.759 0.866 0.935 0.812 0.833 0.841 6.495 7.078
month-over-month % change 6.7% 46.4% -17.2% -20.6% 14.0% 8.1% -1.0% 2.7% 0.9%
year-over-year % change -11.6% 30.1% 10.7% -17.2% -5.0% 9.7% -9.7% -2.8% -1.5% 0.5% 9.0%
Laboratories 1.179 0.053 0.090 0.422 0.420 0.441 0.251 0.236 0.239 0.672 1.828
month-over-month % change 4101.3% -95.5% 69.2% 618.6% -0.5% 4.9% 58.7% -6.1% 1.5%
year-over-year % change 1687.5% -77.6% 94.4% 331.1% 206.8% 278.2% 276.9% 180.3% 193.6% -9.4% 172.2%
Warehouse 0.888 0.234 0.894 0.593 0.548 0.672 0.443 0.438 0.494 2.610 4.402
Misc Commercial 0.649 0.667 3.188 0.552 0.647 1.501 0.711 0.730 0.937 10.874 7.777
month-over-month % change 3.8% 2.8% 378.2% -38.0% 17.2% 132.1% 3.2% 2.6% 28.3%
year-over-year % change 67.9% 50.8% 351.1% -56.9% 33.3% 193.3% -42.7% -35.8% -18.4% 12.2% -28.5%
TOTAL COMMERCIAL 8.026 5.806 9.109 6.350 6.505 7.647 6.333 6.241 6.459 51.817 52.000
month-over-month % change 41.3% -27.7% 56.9% 2.2% 2.4% 17.6% 4.0% -1.5% 3.5%
year-over-year % change 56.5% -16.0% 40.2% -1.3% 12.4% 23.8% -0.3% -2.7% -1.0% 15.6% 0.4%
TOTAL INDUSTRIAL (Manufacturing) 2.578 0.120 1.272 0.987 0.987 1.323 0.763 0.737 0.765 5.322 6.901
year-over-year % change 38.5% -72.4% 36.6% 28.1% 12.5% 23.1% 38.3% 37.1% 25.1% 50.4% 29.7%
Religious 0.148 0.141 0.096 0.117 0.132 0.129 0.135 0.135 0.132 1.074 0.944
month-over-month % change 40.5% -4.5% -31.9% 11.9% 12.9% -2.3% -2.0% -0.3% -2.3%
year-over-year % change -18.5% -2.9% -28.0% -16.9% -12.2% -16.3% -6.6% -4.7% -8.1% -11.5% -12.1%
Hosptials/Clinics 0.548 0.549 1.109 0.872 0.711 0.735 1.130 1.094 1.114 9.839 8.426
month-over-month % change -47.0% 0.1% 102.0% -30.1% -18.5% 3.4% -9.0% -3.2% 1.9%
year-over-year % change -71.0% -44.4% 28.3% -56.0% -51.2% -41.0% -20.3% -22.8% -19.4% 26.8% -14.4%
Nursing/Assisted Living 0.229 0.296 0.346 0.255 0.277 0.290 0.305 0.316 0.317 2.363 2.236
month-over-month % change -25.7% 29.5% 16.9% -7.4% 8.7% 4.6% -5.1% 3.4% 0.5%
year-over-year % change -46.2% 71.8% 5.4% -28.0% -7.0% -6.0% -7.9% -1.6% -1.5% 13.4% -5.4%
Libraries/Museums 0.380 0.105 0.343 0.245 0.209 0.276 0.212 0.205 0.218 1.302 1.646
Police/Courthouse/Prison 0.384 0.414 0.409 0.330 0.398 0.402 0.333 0.334 0.332 2.791 2.653
month-over-month % change -2.8% 7.9% -1.1% -5.1% 20.4% 1.2% 3.0% 0.5% -0.6%
year-over-year % change 42.9% 5.0% -5.3% -8.2% 1.3% 10.2% -13.5% -14.3% -17.4% -7.6% -4.9%
Military 0.603 1.239 1.254 0.577 0.781 1.032 0.507 0.563 0.634 2.966 5.622
month-over-month % change 20.1% 105.5% 1.2% 20.2% 35.4% 32.1% 3.4% 11.0% 12.5%
year-over-year % change 49.3% 118.2% 205.5% 66.3% 86.3% 124.0% -13.0% 24.9% 42.9% -60.8% 89.6%
Schools/Colleges 6.274 5.433 5.136 6.039 5.859 5.614 4.244 4.301 4.301 34.919 38.137
month-over-month % change 6.9% -13.4% -5.5% 17.1% -3.0% -4.2% 0.5% 1.4% 0.0%
year-over-year % change 4.1% 14.5% -0.2% 24.1% 14.8% 5.8% -0.1% 2.5% 3.0% -4.6% 9.2%
Misc Government 0.092 0.159 0.153 0.145 0.136 0.135 0.233 0.216 0.218 1.516 1.587
month-over-month % change -41.4% 72.7% -3.8% -37.8% -6.3% -1.0% -2.4% -7.5% 1.1%
year-over-year % change -43.1% -56.9% 22.3% -16.4% -41.5% -38.4% 23.2% 4.1% 8.7% 3.4% 4.6%
TOTAL INSTITUTIONAL 8.658 8.337 8.847 8.580 8.503 8.614 7.100 7.164 7.266 56.769 61.252
month-over-month % change 1.7% -3.7% 6.1% 7.1% -0.9% 1.3% -1.1% 0.9% 1.4%
year-over-year % change -10.1% 10.2% 16.0% 2.2% 3.1% 4.1% -5.2% -2.1% 0.3% -7.7% 7.9%
Misc Non Residential 0.374 0.344 0.395 0.329 0.332 0.371 0.303 0.298 0.304 2.159 2.555
TOTAL NON-RES BUILDING 19.636 14.607 19.622 16.246 16.326 17.955 14.499 14.440 14.794 116.067 122.708
year-over-year % change 16.2% -4.7% 27.7% 2.4% 7.2% 13.2% -1.0% -0.7% 1.0% 3.9% 5.7%
Airports 0.322 0.699 0.583 0.248 0.420 0.535 0.239 0.276 0.289 1.683 2.299
month-over-month % change 34.8% 116.7% -16.5% 46.2% 69.2% 27.3% -1.5% 15.6% 4.6%
year-over-year % change -12.2% 177.1% 35.5% 5.3% 59.9% 52.8% 14.2% 40.1% 39.2% 0.0% 36.6%
Roads/Highways 4.924 5.189 5.341 4.265 4.663 5.151 3.571 3.627 3.709 28.599 31.897
month-over-month % change 27.0% 5.4% 2.9% 21.9% 9.3% 10.5% 0.3% 1.6% 2.2%
Bridges 1.022 0.929 0.742 0.951 1.007 0.898 0.923 0.919 0.884 7.244 7.183
month-over-month % change -4.4% -9.1% -20.2% 8.2% 5.9% -10.8% 2.2% -0.5% -3.8%
year-over-year % change 31.3% -5.2% -36.1% 9.4% 7.9% -7.7% 16.1% 11.9% 6.3% 11.0% -0.8%
Dams/Marine 0.369 0.249 0.550 0.345 0.352 0.389 0.411 0.389 0.398 3.285 2.692
month-over-month % change -15.8% -32.4% 120.7% 2.1% 2.1% 10.6% -0.1% -5.5% 2.3%
year-over-year % change -1.6% -51.9% 23.6% -2.8% -3.4% -12.7% 9.4% -2.0% -4.0% 94.8% -18.1%
Water/Sewage 3.093 2.393 2.496 2.410 2.569 2.661 2.188 2.195 2.200 15.436 17.129
year-over-year % change 25.7% 4.1% 2.4% 14.9% 17.7% 10.9% 8.4% 10.9% 12.0% -0.1% 11.0%
Misc Civil 2.687 1.672 2.835 1.791 1.937 2.398 1.708 1.696 1.799 10.870 14.523
TOTAL ENGINEERING 12.417 11.131 12.546 10.009 10.948 12.031 9.040 9.103 9.278 67.117 75.722
GRAND TOTAL 44.356 38.427 45.083 38.711 39.862 42.622 36.842 36.873 37.444 287.473 305.704
NON-RES BLDG + ENGINEERING 32.053 25.738 32.168 26.255 27.274 29.986 23.539 23.542 24.072 183.184 198.430
Latest month actuals Year to Date.
Value of U.S. Construction Starts - August 2014 - Reed Construction Data
Billions of current $s, not seasonally adjusted (NSA)
3-months
Moving averages (placed in end month)
12-months

Construction Industry Snapshot Package-August 2014

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