Total construction starts were down 9% in April to a seasonally adjusted annual rate of $1.03 trillion, according to Dodge Construction Network.
Nonresidential building starts declined 3%, residential starts fell 4% and nonbuilding starts decreased 22%. On a year-to-date basis through April, total construction starts were down 3% from last year. Nonresidential starts were down 10%, residential starts were down 5% and nonbuilding starts were up by 8% over the same period.