The Cities Leading America's Construction Comeback

A blog about business and economics.
June 24 2013 2:32 PM

The Cities Leading America's Construction Comeback

ChartOfTheDay_1209_New_York_Leads_U_S_Construction_Comeback_n

Cool chart from Statista shows which cities are leading the construction comeback so far in 2013.

There's obviously a rough correlation here between city size and the scale of construction spending, so it's the departures from that trend that are most interesting. That starts with the very large gap between New York and everyone else. It continues with the fact that even though Chicago is seeing a lot of construction, it's badly underperforming relative to its size. Conversely, D.C. and the big Texas metros are overperforming.

Matthew Yglesias is the executive editor of Vox and author of The Rent Is Too Damn High.