Community Dashboard: Non-residential building construction

Current $417,191,392
Previous $493,699,298
Preferred trend Not applicable
Reporting date Dec. 31, 2023

Rationale and analysis

Why this measurement is important

Building activity indicators provide insight on the health of the broad economy as the level of construction activity plays a key role in how the overall economy performs.

How we measure this data

As reported by Statistics Canada with a monthly frequency, summarized on an annual / year-to-date basis.

Figures are seasonally adjusted, constant (adjusted for inflation).

Statistics Canada may not include data relating to Grimsby and West Lincoln and, therefore, this indicator is illustrative only of Niagara Region non-residential building construction values.

About this indicator

Indicator shows total investment in non-residential

construction, including industrial, commercial, institutional and governmental buildings, excluding the value of land.

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