D-FW Commercial Building Rose In October

A jump in nonresidential building starts put Dallas-Fort Worth construction totals in October ahead of last year’s levels. Commercial and nonresidential building construction in D-FW last month rose 34% year-over-year, according to a new report by Dodge Data & Analytics. While residential starts were down 7% in October from 2018 levels, total building activity was still up 9% from the same period last year. But the increase in October starts wasn’t enough to turn around North Texas building volumes for the entire year. Through the first 10 months of 2019, D-FW construction activity is 4% lower than year-ago totals, Dodge Data reports. All of the decline — 13% — has been in the residential sector. Nationwide construction starts were down 11% in October, the third such decline in a row, Dodge Data found. Click to read more at www.dallasnews.com.