Market Data
March 23, 2026
US construction starts slow in February, nonbuilding activity cools markedly
Written by Laura Miller
A precipitous decline in nonbuilding starts led to an overall slowdown in total construction starts from January to February, even as the nonresidential and residential sectors showed marked improvement.
The Dodge Construction Network (DCN) reported US construction starts fell 13.2% month over month (m/m) to $1.08 trillion on a seasonally adjusted annual rate (SAAR) in February. Nonbuilding starts plummeted 49.4% m/m, while residential starts improved 8.3% and nonresidential starts rebounded 17.8%.
