A singular large liquid natural gas facility led non-residential construction starts 38% higher in July, but overall, total construction starts are 7% off year over year given "little forward momentum" in that time, according to the Dodge Construction Network.

If subtracting the LNG facility – a $12 billion first phase of the Rio Grande LNG facility in Brownsville, Texas – non-residential starts would have fallen by 7%.

The start of the Buffalo Bills' new stadium's construction in June sunk non-building, miscellaneous starts by 71% while highway and bridge starts lost 4% in the month.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.