March U.S. Non-Res Construction Up 1.6% From 2015

Non-residential construction starts increased 18 percent from February to March in the U.S., according to a new report (see below) from construction data provider CMD. March’s new construction total, $28.5 billion, was 1.6 percent higher than March 2015.

Year-to-date starts have increased 9.8 percent compared to January-to-March in 2015. In addition, year-over-year employment in construction in March increased 4.7 percent, two-and-a-half times as fast for all jobs in the economy.

Among the major type-of-structure categories, commercial and heavy engineering increased 11.3 and 20.7 percent respectively, and institutional starts increased by 27.2 percent. Comparing March 2016 to March 2015, institutional starts have seen the biggest increase, by 37 percent.

imageAdditionally, the jobless rate in construction in March was 8.7 percent, decreasing from 9.5 percent in March of 2015.

 

Share on facebook
Facebook
Share on google
Google+
Share on twitter
Twitter
Share on linkedin
LinkedIn
Share on pinterest
Pinterest
Leave a Reply

Shipping Policy:

  • Standard Ground Shipping:  Most items will arrive within 2-5 business days. Due to the fact that there may be times when orders take a bit longer to process, we ask that you please allow 7 – 10 business days for your package to arrive.
  • Shipping Cost: Shipping is based on weight and ship to destination. Most orders will ship from our warehouse distribution center located in St. Louis, Missouri USA.
  • Free Shipping: Applies to all purchases over $25.00 (after discounts and offers are applied). Offer not valid for International Customers.
  • Sales Tax: The sales tax for a purchase is based upon the zipcode where the merchandise is shipped. Sales taxes always apply to Missouri residents.
  • International Shipping: HEC Distribution will only ship to the registered Billing Addresses of ALL international customers. If an international customer elects PayPal as their form of payment for orders placed with us, HEC Distribution will only ship to PayPal confirmed ship to addresses. Import duties, taxes, and charges are not included in the item price or shipping cost. Your shipping carrier will be determined at checkout. Delivery may take up to 18 business days (depending on the country in which you reside).

Return Policy:

  • Product Returns are acceptable within 14 days of delivery, and may be subject a restocking fee for select brands.
  • For qualifying returns, the restocking fee may be up to 20%, and if the return is used or damaged, the restocking fee could be higher. The buyer is also responsible for returning items to our warehouse for return order processing.

Check Product Availability

Send us a message!