Construction Starts Fall Back 24.8% in August

BOSTON (Sept. 21, 2026) — Total construction starts declined 24.8% in August to a seasonally adjusted annual rate of $1.34 trillion, according to Dodge Construction Network. Nonresidential building starts fell 32.0% over the month, residential starts decreased 5.2%, and nonbuilding declined by 26.7%. On a year-to-date basis, total construction starts were up 15.2% through August. Nonresidential starts were up 23.4%, nonbuilding starts improved by 22.2%, and residential starts were down 1.8% over the same period. For the 12 months ending August 2026, total construction starts were up 14.5% from the 12 months ending August 2025. Residential starts were down 2.4%, nonresidential starts were up 17.9% and nonbuilding starts were up 27.6%. “After a pop in activity last month, construction starts largely normalized throughout August,” stated Sarah Martin, director of economic research at Dodge Construction Network. “Abstracting from the month-to-month volatility, the story remains consistent. Data center, semiconductor and energy construction…

BOSTON (Sept. 21, 2026) — Total construction starts declined 24.8% in August to a seasonally adjusted annual rate of $1.34 trillion, according to Dodge Construction Network. Nonresidential building starts fell 32.0% over the month, residential starts decreased 5.2%, and nonbuilding declined by 26.7%. On a year-to-date basis, total construction starts were up 15.2% through August. Nonresidential starts were up 23.4%, nonbuilding starts improved by 22.2%, and residential starts were down 1.8% over the same period. For the 12 months ending August 2026, total construction starts were up 14.5% from the 12 months ending August 2025. Residential starts were down 2.4%, nonresidential starts were up 17.9% and nonbuilding starts were up 27.6%. “After a pop in activity last month, construction starts largely normalized throughout August,” stated Sarah Martin, director of economic research at Dodge Construction Network. “Abstracting from the month-to-month volatility, the story remains consistent. Data center, semiconductor and energy construction…

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