Clichés are often true and it is the case that a picture can be worth a thousand words.
Below are six graphs recording 12-month moving averages of ConstructConnect ’s nonresidential construction starts.
When the value of the current month is higher than for the same month a year ago, the line will turn up; when lower, it will dip.
String a couple of similar positive or negative directional changes together over several months and one has a trend.
And that’s what the graphs are designed to do, show improving or deteriorating trends in a dozen major and more granular categories of construction work.
Click here to download the Construction Industry Snapshot Package – May 2017 PDF.
Click here for the May 2017 Industry Snapshot article, ConstructConnect’s Ytd Starts +2% after May’s Rise of +5%.
Click here for the Top 10 Project Starts in the U.S. – May 2017.
U.S. Nonresidential Construction Starts ‒ ConstructConnect
(12-month moving averages)

Source and Chart: ConstructConnect.
U.S. Commercial & Institutional Construction Starts ‒ ConstructConnect
(12-month moving averages)

Source and Chart: ConstructConnect.
U.S. Retail & Private Office Building Construction Starts ‒ ConstructConnect
(12-month moving averages)

Source and Chart: ConstructConnect.
U.S. Hospital/Clinic & School/College Construction Starts ‒ ConstructConnect
(12-month moving averages)

Source and Chart: ConstructConnect.
U.S. Road/Highway & Water/Sewage Construction Starts ‒ ConstructConnect
(12-month moving averages)

Source and Chart: ConstructConnect.
U.S. Bridges & Miscellaneous Civil Construction Starts ‒ ConstructConnect
(12-month moving averages)

Source and Chart: ConstructConnect.
I think it’s only natural there was such a large dip after 07-09 for the majority of services. What I do find interesting is the rise for roadways and highways. It was one of the only services to rise in 10-11 when there apparently wasn’t much money to be spent. I would be interested to see the rise/fall of the residential building property in this time though, if you have that data on hand!
These make for very interesting reading. I like to follow all the trends within the construction industry both in the UK and the US