Dodge’s Chief Economist Analyses the August 2021 Construction Starts

    Richard Branch, chief economist at Dodge Data & Analytics, reviews the latest economic indicators for the construction industry in a new video. Here’s the upshot:

    • Total construction starts fell 9% from July to August.
    • This is the third consecutive monthly decline in activity.
    • All three major sectors fell during the month.
    • Non-building starts fell by 2%.
    • Residential starts fell by 9%.
    • Non-residential starts fell by 13%.