Total construction starts fell 7% in July to a seasonally adjusted annual rate of $631.6 billion. The decline was due to a significant pullback in the nonbuilding segment, which fell 31% from June to July. Nonresidential building starts rose 3% while residential building starts increased 2%.
Read MoreDay: August 17, 2020
Mitch the Procrastinator
Aug. 17, 2020 – Though the Senate Environment and Public Works Committee unanimously approved its bill, S. 2302 (116), nearly a year ago, the other three committees with partial jurisdiction – Banking, Finance and Commerce – have yet to even produce a draft, according to media sources. In the Senate, the buck stops with Mitch McConnell (R-Ky.) and he is apparently…
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