2018 Industrial Construction Starts
- May 15, 2018
2017 top 10 metro areas for industrial building construction starts; $ in millions
Data by Robert Murray, chief economist, Dodge Data & Analytics
The top ten metropolitan areas for industrial building construction starts primarily increased in 2017, with only four markets displaying decreased activity compared to 2016. The Baltimore-Towson, Md., metro led the way, posting the largest increase of 870.0 percent, from $57 million to $555 million. Stockton, Calif., followed closely with a 553.0 percent growth, from $90 million to $588 million year-over-year. Industrial construction starts dipped by 48.0 percent, or by roughly $580 million, in the Chicago-Naperville-Joliet, Ill.-Ind.-Wis., metro area, from $1.2 billion to $643 million. The Kansas City, Mo.-Kan., metro also recorded declines, with construction starts falling by 28.0 percent, from $769 million in 2016 to $555 million in 2017. The Miami-Fort Lauderdale-Miami Beach, Fla., and Dallas-Fort Worth-Arlington, Texas, metros were among the areas recording mild declines of 9.0 percent and 5.0 percent, respectively.
—Posted on May 15, 2018