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While nonresidential construction starts jumped, they were offset by a decline in residential starts. Nonresidential construction rose 63 percent, year-over-year, to $583.41 million. Residential construction fell 46 percent to $380.9 million. Residential construction represented about 60 percent of the total building in the region. Nonresidential construction includes office, retail, hotels, warehouses, manufacturing, educational, healthcare, religious, government, recreational, and other buildings. Residential construction includes single-family homes and multifamily housing, according to Dodge. October total construction starts climbed about 72 percent from September. That puts October’s total above those reported for March, April , May and August . October residential construction was up 16 percent from September. Nonresidential construction more than doubled from September. why not find out more Year to date, total October construction starts fell 27 percent, year-over-year, to $7.9 billion.


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Screen Shot 2020-11-27 at 11.18.36 AM Share on Facebook Share on Twitter Share on Linkedin Colorado Springs artists hope for financial boost on Artists Sunday COLORADO SPRINGS, Colo. (KRDO) -- Artists Sunday is celebrated on Sunday, November 29th, and over two dozen Colorado Springs artists are hoping it'll be their own version of a Black Friday. Planted squarely in the midst of the largest holiday shopping weekend of the year, Artists Sunday aims to make the Sunday after Thanksgiving the arts’ most profitable day for artists annually, boosting sales for creators of art, crafts, and handmade items while encouraging consumers to purchase art as holiday gifts. “Colorado is proud to be a part of this nationwide effort to support the creative class,” said Margaret Hunt, director of Colorado Creative Industries. “Artists Sunday is a great way to support local artists, celebrate creativity, and find unique, meaningful gifts for everyone who appreciates the arts.” The day is dedicated to encouraging consumers to shop with artists and give something special, unique, and hand-crafted this holiday season. More than 30 local Colorado Springs artists, with many more across the state of Colorado, have joined the alliance. The artists are hoping to the day will be a boost financially. The economic hit on the arts and culture sector in the United States has topped $13.1 billion, according to an ongoing survey by Americans for the Arts. A staggering 96% of organizations have canceled events totaling 96 million in lost in-person attendance, which has been challenging for artists to earn an income without in-person, customer-facing events.