The residential construction community in Metro Atlanta kicked off 2016 in a strong fashion, with overall spending rising strongly from a year ago, according to the latest numbers from Dodge Data & Analytics.
Per Dodge Data’s analysis, residential construction spending in Atlanta totaled $442.51 million through January, a whopping 12 percent increase over Jan. 2015’s construction activity.
Month-to-month stats in construction are notoriously erratic – Atlanta new construction may not finish the year up 12 percent – but such strong growth does suggest a strong 2016 market, especially after 2015’s 15 percent growth over the previous year.
Here is a chart breaking down residential construction in the nation’s most populous areas:
|Metro Area||Residential Construction – Jan. 2016 (In Millions)||YOY Growth|