Nonresidential Construction Starts Trends
Alex Carrick of Construct Connect shares six telling graphs about the status of non-residential U.S. construction.
The graphs record 12-month moving averages of ConstructConnect’s nonresidential construction starts.
When the value of the current month is higher than for the same month a year ago, the line will turn up; when lower, it will dip. String a couple of similar positive or negative directional changes together over several months and one has a trend.