September 16, 2019 | by: NDA
From ConstructConnect. ConstructConnect announced today that the latest month’s volume of construction starts, excluding residential work, was $50.2 billion (green shaded box, Table 3 below), +8.9% compared with July’s upwardly revised figure of $46.1 billion (originally reported as $45.4 billion). While July featured a wealth of mega project starts (four for more than $1 billion each, totaling $8.7 billion), August’s record was even better (five such projects adding to $18.7 billion). August’s largest groundbreaking was a $10 billion ExxonMobil ethane cracker in Texas.
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