Commercial & Multi-Family Projects Leading Construction Market in 2015 (Wikimedia)

Commercial & Multi-Family Projects Leading Construction Market in 2015

A total of $17.3 billion of commercial and multi-family projects in the New York City metropolitan area reached groundbreaking during the first six months of 2015, up 72% from a year ago.

The classic Dickens phrase, “It was the best of times, it was the worst of times,” describes the U.S. construction market in 2015. While the oil market is in the dumps and the U.S. economy is only seeing 2.4% GDP growth, in many market areas across the United States, commercial and multi-family construction is growing big-time.

According to some recent data from Dodge Data & Analytics, 12 of the 20 largest metropolitan statistical areas (MSAs) in terms of commercial and mu

All access premium subscription

Only Electrical Marketing newsletter subscribers have access to premium content.

Being a subscriber to the Electrical Marketing newsletter allows you exclusive access to high value content including key economic indicators measuring the health of the market and access to the Electrical Price Index and other important industry insights.

Sign up for the Electrical Marketing newsletter to get access.

Hide comments


  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.