蜜桃传媒app

 

BOSTON,听MA听鈥斕齁anuary听23, 2026听鈥�听Total construction starts听expanded听2.6% in听December听to a seasonally adjusted听annual rate of听$1.24听trillion,听according to听. 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. 听

鈥淣onbuilding听construction, alongside data centers,听was听the primary engine of growth听in 2025, supporting a 5.4% expansion听in the听total听dollar-value听of听starts,鈥澨齭tated听Sarah Martin, Associate Director of Forecasting at 蜜桃传媒app. 鈥淚n square footage terms, however, building starts declined 4.7% alongside weaker residential, manufacturing, and institutional听activity.鈥澨�听

Residential听

Residential building starts rose by 1.0% in December to a seasonally adjusted annual rate of $370 billion. Single family starts decreased 4.5% m/m, while multifamily starts gained 10.2% m/m. In 2025, residential starts decreased 4.8% 鈥� with single family starts down 13.2% and multifamily starts up 13.1%. 听

The largest multifamily structures to break ground in听December听were the听$502 million Launiu Ward Village Condominiums in Honolulu, Hawaii, the $500 million The Alloy Block Residential Tower (Phase 2) in Boerum Hill, New York and the $272 million SDSU Mission Valley Residential Building in San Diego, California.听听

Nonresidential听

Nonresidential building starts听decreased听6.6%听in听December听to听a seasonally adjusted annual rate of听$450听billion. Commercial starts were听up听9.8%,听alongside听growth in offices and data centers (+7.4% m/m),听parking garages (+38.8% m/m), hotels (+74.4% m/m) and warehouses (+0.7% m/m). Meanwhile, retail听starts听(-12.2% m/m) posted a decline between November and December. Institutional starts听declined听16.3%, driven by weaker education (-18.2% m/m) and miscellaneous institutional (-26.9% m/m) starts. This decline was partially offset by 7.9% m/m growth in healthcare facility starts. Manufacturing, meanwhile, pulled back 30.8% in December. In 2025, nonresidential starts听improved听4.5%. Commercial and industrial starts expanded 10.9% and听institutional starts receded 1.9% when compared to 2024.听听

The largest nonresidential building projects to break ground in听December听were the听$1 billion听Google Data Center (Phase 1) in West Memphis, Arkansas, the $750 million CyrusOne Data Center in Whitney, Texas and the $714 million SNA Data Center (Phase 2) in Cedar Rapids, Iowa.听听

Nonbuilding

Nonbuilding construction starts grew 16.3% in December to a seasonally adjusted annual rate of $422 billion. Highways and bridges (+85.2% m/m) and miscellaneous nonbuilding (+35.9% m/m) supported growth, while environmental public works (-26.9% m/m) and electric power/utilities (-9.0% m/m) faced declines. 听

The largest nonbuilding projects to break ground in听December included the $3.5 billion Port Authority Midtown Bus Terminal (Phase 1) in New York, New York, the $1.6 billion Entergy Legend Power Station (754 MW) in Port Arthur, Texas and the $1.5 billion LAX Airport Roadway Improvements project in Los Angeles, California.听听

Regionally, total construction starts in December rose in the Northeast (+12.1% m/m), the South Central (+15.6% m/m), and the West (+6.9% m/m). Meanwhile, starts slowed down in the South Atlantic (-2.9% m/m) and the Midwest (-19.0% m/m)听