Commercial construction in North Texas started the year with an almost 200% increase in activity. Nonresidential building starts in Dallas-Fort Worth almost...
“Construction starts continue to climb, mostly unimpeded by rising materials prices and shortages of labor and key materials,” Richard Branch, chief economist for Dodge Construction Network, said in a statement. “The number of projects in the planning pipeline suggests that the rising trend in construction should continue for the time being and will be spread across more sectors than last year.The D-FW area was the country’s second-busiest building market in 2021 with $10.
Total local construction starts in January 2022 were still below the almost $1.8 billion in building activity recorded in D-FW in the first month of 2020 before the COVID-19 pandemic, according to Dodge Data’s numbers.