Construction Starts Data for 2017 So Far
Despite 2017 already shaping up to be a record breaking year in terms of rain fall, seasonally adjusted annual rates for new construction starts in March were actually 5% higher than previous years. While some analysts chalked up positive winter construction starts to unusually warm weather, the latest indicators suggest a more sustainable trend. This is according to Dodge Data and Analytics, which recently reported that so far in 2017, every month of the year has seen a gain in new construction starts. If this trend continues, 2017 will see the second-best quarter to quarter gains in the last decade,…
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