Construction Scores a Hat Trick: Starts, Jobs, Backlog All Rise
Post date
September 28, 2020
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By Joe Bousquin, Construction Dive
New data turned heads last week when new construction starts, jobs and backlog all notched solid gains to provide a glimmer of hope for the industry, following a summer of worrisome trends that emerged in the immediate aftermath of the COVID-19 pandemic.
Nonresidential building starts rose 16%, while nonbuilding construction — which includes infrastructure projects — jumped by 40% in August, according to Dodge Data & Analytics.