Total construction starts expanded 2.6% in December to a seasonally adjusted annual rate of $1.24 trillion, according to Dodge Construction Network. Nonresidential building starts fell by 6.6%, residential starts increased 1.0%, and nonbuilding starts grew 16.3% over the month. For the full year, total construction starts expanded 5.4%. Nonresidential starts were up 4.5%, residential starts were down 4.8% and nonbuilding starts were 18.7% higher when compared to 2024.
