Construction Starts Rebound 13% in March

Total construction starts rose 12.8% in March to a seasonally adjusted annual rate of $1.22 trillion, according to Dodge Construction Network. Nonresidential building starts grew by 6.3%, residential starts improved 2.6%, and nonbuilding starts rebounded 37.9% over the month. On a year-to-date basis, total construction starts were down 0.5% through March. For the 12 months ending March 2026, total construction starts were up 5.4% from the 12 months ending March 2025.