November’s Nonresidential Construction Starts +2% M/M, -8% Y/Y, & -2% YTD

November Light on Megaprojects

ConstructConnect announced today that November 2021’s volume of construction starts, excluding residential work, was $30.4 billion (see shaded green box, bottom of Table 8 below), an increase of +1.7% compared with October 2021’s level of $29.9 billion (originally reported as $28.8 billion).